Inflation in China: Consumer Prices Rise for First Time in Over Two Years
A Glimmer of Hope Amidst Economic Challenges
Consumer Price Index (CPI) Shows 0.5% Increase
In a positive turn of events, China's consumer prices have risen for the first time in over two years. According to the National Bureau of Statistics, the CPI added 0.5% year-on-year in August, exceeding forecasts and offering a glimmer of hope amidst ongoing economic challenges.
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