Chinese consumer price index rises at annual rate of 1.5% in November

Market news

9 December 2015

Chinese consumer price index rises at annual rate of 1.5% in November

The Chinese National Bureau of Statistics released its consumer and producer price inflation data for China on Wednesday. The Chinese consumer price index (CPI) rose at annual rate of 1.5% in November, exceeding expectations for a 1.4% increase, after a 1.3% gain in October.

Food prices rose at an annual rate of 2.3% in November, while non-food prices increased 1.1%.

On a monthly basis, consumer price inflation was flat in November, after a 0.3% fall in October.

The Chinese producer price index (PPI) dropped 5.9% in November, in line with expectations, after a 5.9% decline in October.

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