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China headline consumer price index advanced

Staff Writer |
The cost of living in China snapped back in September as food price inflation heated up while factory gate prices moved out of deflation.

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China's headline consumer price index advanced at a 1.9% year-on-year clip in September, after a rise of 1.3% in August, as food price gains accelerated to a 3.2% year-on-year clip from 1.3%.

Non-food price increases also quickened to a 1.6% pace - a two-year high - up from 1.4% in the month before.

Economists had forecast a gain of 1.6% in headline CPI.

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