China Inflation Cools In August

China's inflation eased in August, latest figures from the National Bureau of Statistics showed Friday.

The rate slowed to 6.2 percent in August from 6.5 percent in July. The figure matched economists expectations.

Separately, the statistical office reported that the producer price index rose 7.3 percent year-on-year in August, faster than the expected 7.2 percent increase.

by RTTNews Staff Writer

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