China's inflation rate rises 2 percent in August

BEIJING (AP) ? China says its inflation rate rose 2 percent in August compared with a year earlier, spurred by a 3.4 percent jump in food prices.

The consumer price index for August accelerated from a 1.8 percent rise in the previous month but was still well below last year's highs.

China's National Bureau of Statistics said Sunday that producer prices fell 3.5 percent year-on-year, compared with a 2.9 percent decline in July.

Associated Press

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