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China Inflation Climbs 2.1% In October

Consumer prices in China were up 2.1 percent on year in October, the National Bureau of Statistics said on Wednesday.

That was in line with expectations and up from 1.9 percent in September.

On a monthly basis, inflation dipped 0.1 percent after gaining 0.7 percent a month earlier.

Producer prices jumped an annual 1.2 percent - again beating forecasts for 0.9 percent following the 0.1 percent gain in the previous month.

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