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.
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.
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