English Title:
China CPI inflation grows less than expected in Sept; PPI hits 4-yr high

中文标题：
9月,中国消费物价指数的通胀增长率低于预期;消费物价指数高达4年

English Content:
Investing.com-- Chinese consumer price index inflation grew less than expected in September as holiday spending offered only mild support to local prices, while producer inflation soared to an over four-year high. CPI grew 0.9% year-on-year in September, government data showed on Wednesday. The print was just below expectations of 1.0% and grew slightly from the 0.8% increase seen in the prior month. CPI grew 0.2% month-on-month against expectations for a 0.3% increase. The September pickup in CPI was driven chiefly by increased spending during the autumn festival holiday. But government data released last week showed spending remained mild, as a real estate slump, weak wages, and sluggish employment all weighed heavily on consumer spending. Chinese producer price index inflation, however, surged to its highest level since June 2022, as business spending remained strong and as input costs rose due to artificial intelligence-driven demand and disruptions stemming from the Middle East war. Not finding the right stocks? Our AI's list of investor-grade stock picks for October just dropped » PPI grew 5.0% year-on-year in September, much more than expectations of 4.4% and accelerating sharply from the 3.8% print seen in August. PPI has risen steadily this year, helping break China's multi-year deflationary streak as surging global demand for computing equipment spurred sharp price increases in their related components. Rising raw material costs, due to disruptions stemming from the Middle East, also drove up factory gate prices. "With little sign that tensions in the Middle East are easing, inflation is likely to remain elevated for the time being," Capital Economics analysts said in a note. "But we expect the external price shock to eventually fade, with factory-gate prices returning to deflation and consumer price inflation falling back to an average of just 0.4% next year," they added. China has been grappling with a pronounced drop in inflation since the COVID-19 pandemic of the early 2020's. Consumer demand has largely failed to pick up despite continued stimulus measures from Beijing. The Communist Party is expected to outline more economic support during a key meeting scheduled for later in October. Original Article China CPI inflation grows less than expected in Sept; PPI hits 4-yr high China exports surge past expectations in Sept; trade surplus widens Singapore Q3 GDP beats forecasts at 5.4% as growth cools from Q2

中文正文：
投资.com- 中国消费物价指数通胀增长低于9月的预期,因为节假日支出仅对当地价格提供温和支持,而生产者通胀飙升到四年多的高点. 9月消费物价指数逐年增长0.9%,星期三显示政府数据。 印刷量略低于预期的1.0%,比上月增长0.8%略有增长。 消费物价指数每月增长0.2%,而预期增长0.3%。 消费物价指数的9月车厢主要是在秋季节假日增加开支。 但上周公布的政府数据显示,支出仍然微乎其微,因为房地产衰落、工资低、就业缓慢都对消费者支出造成了沉重压力。 然而,中国生产者价格指数通胀率猛增,达到2022年6月以来的最高水平,因为商业支出仍然强劲,由于中东战争导致的人工智能驱动需求和中断,投入成本上升. 找不到合适的股票吗? 我们的AI的10月投资级股票榜单刚刚下降 从8月的3.8%的印数中明显可见。 由于全球对计算机设备的需求激增,刺激了计算机设备相关部件的大幅价格上涨,今年PPI稳步上升,帮助打破了中国多年通缩趋势。 由于来自中东的干扰,原材料成本上升,也导致工厂大门价格上升。 "几乎没有迹象表明中东的紧张局势正在缓和,通货膨胀有可能暂时保持高涨","资本经济学分析家在一份说明中说. “但我们期望外部价格冲击最终会消退, 工厂门的价格会回落到通货紧缩, 消费物价通货膨胀会回落到明年的平均水平, 仅为0.4%。” 中国自2020年代初COVID-19大流行以来,一直在努力应对通货膨胀的明显下降。 尽管北京采取了持续的刺激措施,但消费者的需求基本上没有回升。 预计共产党将在定于10月下旬召开的一次重要会议上提出更多的经济支持。 9月,中国消费物价指数通胀增长低于预期;9月,中国出口创4年之高;贸易顺差扩大 新加坡Q3 GDP比预测的5.4%要快,因为Q2 的增长会降温