China inflation eases further as farms recover from floods, swine fever

A customer shops at a supermarket in Hangzhou in eastern China's Zhejiang Province on Oct 15, 2020. - AFP

BEIJING (AFP): The rise in Chinese consumer prices slowed for a second successive month in September, official data showed Thursday (Oct 15), as pork supplies bounce back from the devastating African swine fever while farms recovered from flooding.

The consumer price index (CPI), a key gauge of retail inflation, rose 1.7 per cent last month from a year ago, compared with a 2.4 per cent reading in August, according to the National Bureau of Statistics (NBS). The increase was also less than expected.