November/2025 (+ 0.5%)
source: National Bureau of Statistics of China
- China’s annual inflation rate surged to 0.7% in November 2025 from 0.2% in October, aligning with consensus and marking the highest level since February 2024.
Food prices rose for the first time in ten months,
while non-food inflation continued to rise.
In contrast, producer prices fell 2.2% yoy, steeper than the expected 2.0% drop,
extending deflationary pressures for the 38th month.
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