China's consumer price index (CPI), a main gauge of inflation, grew 1.6 percent year on year in October, the National Bureau of Statistics (NBS) revealed on November 10.
The growth showed similarity to September's, which was the lowest since January 2010, the NBS said.
On a monthly basis, October's CPI was flat against the previous month, compared with September's 0.5-percent increase.
The inflation index grew 2.1 percent year on year in the first 10 months, well below the 3.5-percent full-year target set by the government.
Meanwhile, China's producer price index (PPI), which measures inflation at wholesale level, dropped 2.2 percent year on year in October, the NBS said.
On a monthly basis, the PPI index contracted 0.4 percent from the previous month, the same as that of September.
The PPI declined for the 32nd straight month and more quickly than the previous month, which indicates existing pressure from subdued manufacturing activities and economic growth momentum.
The PPI had dropped 1.8 percent year-on-year in September, 1.2 percent in August and 0.9 percent in July.
In the first 10 months, the country's PPI dropped 1.7 percent year-on-year. |