Consumer prices in China rose at their fastest pace in 13 months but factory gate prices continue to emphasise slack and overcapacity in the world's second largest economy.
China's consumer price index ticked up from 1.6 per cent in July to 2 per cent in August, higher than forecasts. That's the fastest rate since July 2014 but it remains well below Beijing's target of "around 3 per cent" this year.
Meanwhile, producer prices not only deflated for a 42nd consecutive month, but the trend worsened to -5.9 per cent, its deepest since 2009.
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