12/9/2023, 2:31 AM (Source: TeleTrader)
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China's consumer prices fall 0.5% in November

China's Consumer Price Index (CPI) declined 0.5% in November, year over year, it was revealed in a report published by the country's National Bureau of Statistics on Saturday.

Compared to the previous month, consumer prices also fell 0.5%. Both figures were lower than analysts anticipated.

Meanwhile, producer prices in the country slumped 3% in November compared to the same timeframe a year prior. On a monthly basis, the Producer Price Index (PPI) was down 0.3%.

Baha Breaking News (BBN) / AY