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