(Yicai   Global) Oct. 15 -- Chinese equities closed lower as investors worried  about climbing consumer prices that may prompt regulators to stop  loosening the nation's monetary policy.

The  Shanghai Composite Index dropped 0.56 percent to 2,991.05. The Shenzhen  Component Index fell 1.17 percent waker to 9,671.73. The ChiNext Price  Index, which tracks growth enterprises listed in Shenzhen, declined 1.1  percent to 1,660.89.

Last  month, China's Consumer Price Index rose 3 percent from a previous  year, according to data that the National Bureau of Statistics released  today. Among a basket of products, pork prices climbed the most at  nearly 79 percent, contributing a 1.65 percentage point hike to the CPI.

Editor: Emmi Laine