China's consumer prices return to growth, producer prices decline narrows2025/11/10 9:22:55(Beijing Time) Lange Steel
China's consumer prices returned to growth after falling for two consecutive months, while the decline in factory-gate prices continued to narrow in October, official data showed on Sunday.
China's consumer price index, the main gauge of inflation, rose by 0.2 percent year-on-year in October, following a 0.3 percent drop in September, according to the National Bureau of Statistics (NBS).
Month-on-month, the CPI increased 0.2 percent in October versus a 0.1 percent rise in September.
"The continued implementation of policies to expand domestic demand, together with the spending boost from the National Day and Mid-Autumn Festival holidays, has helped drive a mild rebound in consumer prices in October," said Dong Lijuan, an NBS statistician.
Notably, NBS data showed the core CPI, which excludes volatile food and energy prices and is deemed a better gauge of the supply-demand relationship, rose by 1.2 percent year-on-year in October after a 1 percent rise in September — marking the sixth consecutive month of expansion and the highest rise since February 2024.
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