China’s CPI climbs 0.6% in August, missing expectations as transport, home goods prices fall
In China, vegetable prices have risen significantly this summer due to high temperatures and frequent rainfall. The consumer price index increased by 0.6% year on year in August, lower than expected. Food prices went up by 2.8%, with pork prices surging by 16.1% and vegetable prices by 21.8%. The core-CPI, which excludes food and energy…