Consumer prices in China were up 2.0 percent on year in August, the National Bureau of Statistics said on Thursday.

That exceeded forecasts for an increase of 1.8 percent and was up from 1.6 percent in July.

On a monthly basis, consumer prices climbed 0.5 percent versus forecasts for 0.4 percent after gaining 0.3 percent a month earlier.

Producer prices tumbled an annual 5.9 percent versus forecasts for a decline of 5.6 percent following the 5.4 percent contraction in July.

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