China's CPI rise in 2014 to be at moderate rate: expert  

9月CPI创56个月来新低 专家:年内涨幅会比较温和

今日，国家统计局公布了9月份的CPI，PPI 数据。9月CPI同比上涨1.6%，为56个月来的新低。专家分析，CPI创新低主要是食品价格和翘尾因素都相比走低所致，年内CPI涨幅都会比较温和，全年在2.3%左右。[查看全文]

(ECNS) -- China's consumer price index (CPI), a main gauge of inflation, grew 1.6 percent year on year in September, the National Bureau of Statistics (NBS) revealed on Wednesday.

The number indicated a 56-month low since January 2010.

Wang Jianhui, head of Capital Securities Research Institute, predicts the CPI to float low in October and moderately rise in November and December to surpass 2 percent. The CPI for 2014 would likely to be between 2.2 and 2.3 percent, he added.

Easing of inflation was due to lower commodity prices and cooling food inflation associated with items such as grain and pork, according to Wang.

Analysts say the inflation slip points to a further slowdown of China's economy, but gives policymakers wiggle room for more stimulus.

The September producer price index (PPI), which measures inflation at wholesale level, dropped 1.8 percent year on year.