China’s inflation rate rises in November

China’s inflation rate rises in November
China’s inflation rate rises in November
Data from the Chinese National Bureau of Statistics released today (Thursday) showed that consumer prices rose during last November by 3.2% annually; This is less than the expected rate of increase, which was 5.2%, after the prices rose by 5.1% during last October, according to the German news agency.
On a monthly basis, the consumer price inflation rate in China during the past month reached 4.0%, exceeding expectations that were 3.0%, after it reached 7.0% during the previous month.
In a separate statement, the National Bureau of Statistics said that producer prices (wholesale) rose in China during the past month by 9. 12% annually; This is more than expectations, which were 4. 12% after rising by 5. 13% annually during last October.

These were the details of the news China’s inflation rate rises in November for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT China’s factory activity stuns with fastest growth in a decade

Author Information

I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community. Address: 2077 Sharon Lane Mishawaka, IN 46544, USA Phone: (+1) 574-255-1083 Email: [email protected]