China’s inflation rises on higher pork, vegetable costs

Workers cut pork at a slaughterhouse in Huaibei in central China’s Anhui province Thursday, Sept. 10, 2015. AP

BEIJING  — China’s consumer inflation edged up in August to 2 percent, driven by higher costs for pork and fresh vegetables.

The rate reported Thursday was an increase over July’s 1.4 percent. That was due largely to a 3.7 percent increase in food costs, which included a 15.9 percent rise for fresh vegetables and 9.3 percent for pork.

Producer prices, measured as goods leave the factory, declined 5.4 percent from a year earlier. TVJ

RELATED STORIES

Li says China to open currency market to central banks 

Moody’s challenges Hong Kong regulator over China report