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China's consumer inflation grows in August

  • China's consumer price index (CPI), the main gauge of inflation, climbed to two percent in August, the highest level seen in 2015, an official data said. The figure was up from market forecast rises of 1.9 percent and 1.6 percent in July, Xinhua news agency reported.On a monthly basis, consumer prices in August rose 0.5 percent, said the National Bureau of Statistics (NBS). Source: IANS