Home Business Inflation China: consumer price index +1.6% in November, producer prices down

Inflation China: consumer price index +1.6% in November, producer prices down

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In November, Chinese inflation measured by the consumer price index (CPI) rose by 1.6%, as expected, slowing the growth rate compared to +2.1% in October.

On a monthly basis, the CPI dropped by 0.2%, in line with forecasts, after previously rising by 0.1% m/m.

China‘s inflation as measured by the producer price index was also disclosed, down by 1.3%, against the 1.4% drop expected, and compared to -1.3% in October.

On a monthly basis, the PPI index rose by 0.1%.

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