China’s October Consumer Price Growth Slows to 0.3% Year-on-Year

In October, China’s economy displayed contrasting trends in consumer and producer prices, prompting concerns about an ongoing slowdown. The consumer price index (CPI) recorded a modest increase of 0.3% year-on-year, a decline from September’s 0.4% rise and marking the slowest growth since June. This underperformance fell short of analysts’ expectations of a 0.4% increase, highlighting...