As a measure of the change in the price of goods and services purchased by consumers, which accounts for a majority of overall inflation, according to the National Bureau of Statistics, China’s Consumer Price Index for November (y/y) came in weaker than expected at 4.2% versus 5.5% last November; economists anticipated a decline to only 4.6%.
As a leading indicator of consumer inflation, measuring the change in the price of goods purchased and sold by producers, China’s Producer Price Index for November (y/y) also came in weaker than expected at 2.7% from 5.0% last November, reports the National Bureau of Statistics; the market expected a 3.3% reading.
As a leading indicator of consumer inflation, measuring the change in the price of goods purchased and sold by producers, China’s Producer Price Index for November (y/y) also came in weaker than expected at 2.7% from 5.0% last November, reports the National Bureau of Statistics; the market expected a 3.3% reading.
Consumer Price Index (YoY)
4.2% (Actual)
4.2% (Actual)
4.6% (Consensus)
5.5% (Previous )
Producer Price Index (YoY)
2.7% (Actual)
Producer Price Index (YoY)
2.7% (Actual)
3.3% (Consensus)
5.0 % (Previous )
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