China Nov CPI Ticks Up On Rising Food Prices But Below Expects

Headline result was slightly below consensus. Food prices — the determinant of Chinese inflation trends — rose 3.0% y/y in November from +1.8% versus non-food prices which were up 1.6% compared with previous +1.7%. Consumer price inflation rose +0.1% m/m in November, from -0.1% in October. TAKE…

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China Nov CPI Ticks Up On Rising Food Prices But Below Expects