China's annual inflation at minus 0.3% in September

ISTANBUL

China's consumer prices decreased by 0.3% year on year in September, according to official National Bureau of Statistics data released on Wednesday.

Consumer prices, meanwhile, increased by 0.1% on a monthly basis.

In August, the country's annual inflation was also on the negative side, with a minus 0.4%.

The core annual inflation, excluding food and energy prices, rose to 1% in September, marking the fifth consecutive increase.

The core inflation saw the strongest increase since February 2024.