date:Oct 15, 2013
Consumer inflation in China witnessed a surge, with the consumer price index rising 3.1% on year in September 2013, which is faster than a 2.6% rise in August, as per data from the National Bureau of Statistics.
The CPI rose 0.8% on month in September from 0.5% in August.
The 3.1% increase in the CPI was driven by higher food prices, reflecting typhoon damage as well as seasonal demand ahead of the National Day and the Mid-Autumn festival.
The overall inflation rate rose 6.1% from the year-ea