![Belgium Flag](https://i0.wp.com/fintk2.com/wp-content/uploads/2016/07/China.jpg?resize=678%2C381&ssl=1)
China’s consumer price inflation slowed to its weakest pace in almost a year in August, although an encouraging moderation in producer price deflation added to growing evidence of a steadying economy. The CPI climbed 1.3% from a year earlier, compared with a 1.8% increase in July, while the PPI slipped 0.8% on-year, the slowest pace of decline since April 2012.