China’s CPI rose 0.7 per cent YoY in November, accelerating from October’s 0.2 per cent and marking the quickest increase since March 2024, according to the NBS.
Prices fell 0.1 per cent MoM, while core inflation grew 1.2 per cent.
Factory-gate prices stayed weak, with the PPI dropping 2.2 per cent year on year, reflecting continued industrial deflation.