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China inflation: consumer price growth accelerates due to rising food costs, but factory-gate prices ‘level off’

Summary:
[unable to retrieve full-text content]Rising food costs pushed China’s consumer inflation up last month to the highest level in almost a year and a half, but with “price pressures generally easing”, once sky-high factory-gate inflation eased in November.China’s official consumer price index (CPI) rose by 2.3 per cent in November from a year earlier, up from a rise of 1.5 per cent in October, the National Bureau of Statistics (NBS) said on Thursday. This was below the expectations of analysts in a Bloomberg survey, but was the…

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[unable to retrieve full-text content]
Rising food costs pushed China’s consumer inflation up last month to the highest level in almost a year and a half, but with “price pressures generally easing”, once sky-high factory-gate inflation eased in November.China’s official consumer price index (CPI) rose by 2.3 per cent in November from a year earlier, up from a rise of 1.5 per cent in October, the National Bureau of Statistics (NBS) said on Thursday. This was below the expectations of analysts in a Bloomberg survey, but was the…

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