China's consumer price index (CPI), a main gauge of inflation, grew 3.2 percent year on year in October, up from 3.1 percent in September, according to the National Bureau of Statistics (NBS).

In the first 10 months, CPI growth stood at 2.6 percent on average, well below the government's full-year target of 3.5 percent.

Yu Qiumei, a senior statistician with the NBS, said the country's inflation remains stable.

He attributed the rise in October to a rebound in prices of non-food products, including clothing, home appliances and daily necessities.

Food prices dropped 0.4 percent month on month in October, while those of non-food products rose 0.3 percent, according to the NBS.

NBS data also showed that China's producer price index, which measures inflation at the wholesale level, fell 1.5 percent in October compared to a year ago.