China CPI October 2026: Consumer Prices Rise 0.7%, Miss Forecasts
China's annual consumer inflation slowed to 0.7% in October, the National Bureau of Statistics reported on November 9, coming in below both the 0.8% consensus and September's 0.9%. The print was dampened by a 2.9% year on year fall in food prices, led by fresh vegetables down 16.9%, while producer prices ran in the opposite direction and accelerated to their fastest pace in more than four years.
Key Takeaways China's October CPI rose 0.7% year on year, missing the 0.8% consensus and below September's 0.9%. Core inflation, excluding food and energy, was 0.8% year on year, with the consumer basket otherwise flat on the month. Producer prices jumped 5.7% year on year, the fastest since mid-2022,…
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