China's producer prices hit 4.5-year high while consumer inflation cools

Briefing by News4U · First published 2026-11-09 09:31:08 UTC

China's producer price index rose 5.7% year-on-year in October, the fastest pace since June 2022 and above the 5.3% forecast, driven by higher global energy prices, while the consumer price index rose 0.7%, below the 0.8% forecast and Beijing's 2% target, as domestic demand remained weak. [1] [2]

Sources

1. Chinese inflation spikes at plants and cools in shops

   RTHK Finance · 2026-11-09 03:27:46 UTC · Excerpt

2. China's producer prices top forecasts in October

   RTÉ Business · 2026-11-09 08:56:39 UTC · Full text

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