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China's CPI up 1.5 pct in October******
BEIJING, Nov. 10 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in October, data from the National Bureau of Statistics (NBS) showed Wednesday.。
The figure was higher than the 0.7 percent year-on-year growth recorded in September.。
Specifically, non-food prices rose 2.4 percent from a year earlier, contributing about 1.97 percentage points to the CPI growth, said senior NBS statistician Dong Lijuan.。
Food prices dropped 2.4 percent, with the price of pork, a staple meat in China, slumping 44 percent. However, the price of fresh vegetables, which declined 2.5 percent in September, saw a 15.9 percent increase last month, said Dong.。
The country's producer price index, which measures costs for goods at the factory gate, went up 13.5 percent year on year in October, according to the NBS.。
China has set its consumer inflation target at approximately 3 percent for the year 2021, according to this year's government work report. Enditem。
Ukraine agrees to negotiate with Russia at Belarus border: presidency******
Ukraine agreed to hold talks with Russia at Belarusian-Ukrainian border, Ukrainian President Volodymyr Zelensky said Sunday via social media.
Germany suspends certification of Nord Stream 2 pipeline******
This file photo taken on September 7, 2020, shows the Nord Stream 2 gas line landfall facility in Lubmin, north eastern Germany.
German Chancellor Olaf Scholz announced on Tuesday the suspension of the certification process of the Nord Stream 2 natural gas pipeline citing Russia's course of action over Ukraine.
"The situation today has fundamentally changed," he told journalists. "We will reassess the situation that has evolved over the past few days."
"I asked the Economy Ministry today to withdraw the existing report on the analysis of supply security at the Federal Network Agency," Scholz said, adding that it was a necessary administrative step to prevent the certification and thus the operation of Nord Stream 2.
The Ministry of Economic Affairs would now make a new assessment of the security of supply taking the last days' development into account, he said.
Russia's decision to recognize "the Lugansk People's Republic" and "the Donetsk People's Republic" as independent states was a "serious breach of international law" that violated the Minsk agreements and the Charter of the United Nations, Scholz said.
Scholz said it is now important to "prevent a further escalation, and thus a catastrophe. That is what all our diplomatic efforts are aimed at."
The Nord Stream 2 pipeline is expected to transport 55 billion cubic meters of natural gas annually from Russia to Germany via the Baltic Sea. The 1,234-km pipeline, however, has been lying idle, pending a go-ahead from Germany and the European Union.