{"id":225262,"date":"2025-12-10T09:09:10","date_gmt":"2025-12-10T09:09:10","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/225262\/"},"modified":"2025-12-10T09:09:10","modified_gmt":"2025-12-10T09:09:10","slug":"chinas-consumer-prices-rise-at-fastest-pace-in-nearly-2-years-in-november","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/225262\/","title":{"rendered":"China\u2019s consumer prices rise at fastest pace in nearly 2 years in November"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China\u2019s consumer prices rose for a second straight month in November, with inflation hitting its highest level in nearly two years, in a tentative sign that the country\u2019s persistent deflationary pressure may be starting to ease.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The national consumer price index (CPI), a major gauge of inflation, rose 0.7 per cent year on year last month, the largest increase recorded since early 2024, according to data released by the National Bureau of Statistics on Wednesday.<\/p>\n<p>The reading was slightly above market expectations, with a poll by financial data provider Wind forecasting a 0.69 per cent rise. In October, the CPI rose 0.2 per cent year on year, supported by demand during the long <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3328354\/china-sees-uptick-super-golden-week-spending-amid-record-travel-surge?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">\u201csuper golden week\u201d public holiday<\/a>.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Dong Lijuan, a senior statistician at the bureau, said the improvement had largely been driven by an increase in food prices, which rose 0.2 per cent in November after declining 2.9 per cent in October.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">China\u2019s producer price index (PPI), which tracks factory-gate prices, contracted for a 38th consecutive month in November, falling 2.2 per cent year on year.<\/p>\n<p>However, the PPI did rise by 0.1 per cent compared with the previous month, with the bureau saying the government\u2019s efforts to reverse <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3324962\/chinese-consumer-prices-slip-back-decline-amid-deflationary-pressures?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">persistent deflationary pressure<\/a> were starting to pay off.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThe comprehensive measures to address \u2018involutionary\u2019 competition have yielded tangible results, with year-on-year price declines in relevant sectors narrowing,\u201d Dong said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"China\u2019s consumer prices rose for a second straight month in November, with inflation hitting its highest level in&hellip;\n","protected":false},"author":2,"featured_media":225263,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[1793,79,381,1903,5122,27165,25663,179,18,10170,75036,10454,19,121059,59069,17,9408,48341,5121,13911],"class_list":{"0":"post-225262","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-beijing","9":"tag-business","10":"tag-china","11":"tag-consumer-prices","12":"tag-cpi","13":"tag-deflationary-pressures","14":"tag-domestic-demand","15":"tag-economy","16":"tag-eire","17":"tag-exports","18":"tag-factory-gate-prices","19":"tag-food-prices","20":"tag-ie","21":"tag-import-growth","22":"tag-industrial-profits","23":"tag-ireland","24":"tag-national-bureau-of-statistics","25":"tag-oversupply","26":"tag-producer-price-index","27":"tag-wind"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115694493058544160","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/225262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=225262"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/225262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/225263"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=225262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=225262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=225262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}