China's consumer price inflation accelerated in November, while factory gate deflation deepened, data from the National Bureau of Statistics revealed on Wednesday.
The consumer price index rose 0.7 percent on a yearly basis in November, following the 0.2 percent increase seen in October. The rate came in line with expectations and hit the highest since early 2024. On a monthly basis, the CPI was down 0.1 percent, confounding expectations for an increase of 0.2 percent.
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Business News
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.