Price index softens for first time in several months
By Hu Yuanyuan | 皇冠体育app Daily | Updated: 2011-09-10 08:06
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A vendor smokes a cigarette as he sits in front of piles of Chinese watermelons at a market in Hefei, Anhui province, on Friday. 皇冠体育app's CPI, a main gauge of inflation, slowed to 6.2 percent in August. Reuters |
BEIJING - 皇冠体育app'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.
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