Economic Buzz: China Retail Inflation Up 2.1% On Year In October

9 Nov 2022 , 08:40 AM

Consumer prices in China were up 2.1 percent on year in October, the National Bureau of Statistics reported. On a monthly basis, inflation was up just 0.1 percent – also below forecasts for 0.3 percent, which would have been unchanged from the September reading. Producer prices slipped 1.3 percent on year in October, beneath expectations for a decline of 1.5 percent following the 0.9 percent increase in September.Powered by Commodity Insights