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China's inflation in August edges up to 2 per cent, driven by pork, vegetable costs

BEIJING, China – China’s consumer inflation edged up in August to 2 per cent, driven by higher costs for pork and fresh vegetables.

The rate reported Thursday was an increase over July’s 1.4 per cent. That was due largely to a 3.7 per cent increase in food costs, which included a 15.9 per cent rise for fresh vegetables and 9.3 per cent for pork.

Producer prices, measured as goods leave the factory, declined 5.4 per cent from a year earlier.