China’s September gasoline prices rise 16.6% year-on-year, pushing CPI up by 0.47 percentage points

TREE NEWS update: China’s National Bureau of Statistics announced that gasoline prices in September rose 16.6% year-on-year, with the increase expanding by 7.3 percentage points from the previous month. This rise contributed approximately 0.47 percentage points to the year-on-year increase in the Consumer Price Index (CPI), and the growth rate of energy prices was pushed up from 4.1% in the previous month to 7.3% in September.