The consumer price index rose 0.7% last month from a year earlier, lower than a 0.8% gain in the previous month.
China’s factory-gate prices grew at the fastest pace in almost 26 years in September, adding to global inflation risks and putting pressure on local businesses to start passing on higher costs to consumers.
The producer price index climbed 10.7% from a year earlier, the highest since November 1995, data from the National Bureau of Statistics showed Thursday. That exceeded the 9.5% gain in August and the 10.5% median estimate in a Bloomberg survey of economists.
