China consumer price inflation slowed more than expected in October on weaker demand and producer prices declined for the first time since December 2020, official data revealed on Wednesday.
Consumer prices grew 2.1 percent in October from the same period last year, the National Bureau of Statistics reported.
This was slower than the 2.8 percent increase posted in September and also economists' forecast of 2.4 percent.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.