Price index softens for first time in several months
By Hu Yuanyuan | China Daily | Updated: 2011-09-10 08:06
|
A vendor smokes a cigarette as he sits in front of piles of Chinese watermelons at a market in Hefei, Anhui province, on Friday. China's CPI, a main gauge of inflation, slowed to 6.2 percent in August. Reuters |
BEIJING - China's inflation pulled back in August from a 37-month high, giving the government scope to hold off on further tightening of monetary policies in the face of a slowing global economy.
Photo
