2nd LD-Writethru-Economic Watch: China's consumer inflation holds steady, factory prices further soften
Contributed by NAMPA / Xinhua.
BEIJING, Nov. 9 (Xinhua) -- China's consumer inflation held steady in October, data showed Friday, but factory-gate inflation continued to cool, which analysts said created room for policymakers to maneuver.
The consumer price index (CPI), a main gauge of inflation, rose 2.5 percent year on year in October, unchanged from that in September and ending a rising streak for four consecutive months, according to data from the National Bureau of Statistics (NBS).
The reading was the second highest lev ...