China September CPI Inflation At 6.1%; PPI Inflation At 6.5%
(For September 2011)
China Consumer Price Index was up 6.1% in September, vs. 6.1% consensus and 6.2% August reading. Food inflation remained unchanged at 13.4%.
China Producer Price Index fell to 6.5% from 7.3% in August. Consensus was at 6.9%.
It is now safe to say that inflation has peaked for this year.