Home breadcru News breadcru Policy breadcru CPI in China drops by 0.5% YoY, MoM in Nov 2023

CPI in China drops by 0.5% YoY, MoM in Nov 2023

10 Dec '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • China's consumer price index (CPI) dropped by 0.5 per cent year on year (YoY) as well as month on month (MoM) in November this year, according to data from the National Bureau of Statistics.
  • The average CPI from January to November, however, rose by 0.3 per cent YoY.
  • Non-food prices went up by 0.4 per cent YoY and fell by 0.4 per cent during the month.
China's consumer price index (CPI) dropped by 0.5 per cent year on year (YoY) as well as month on month in November this year, according to data from the National Bureau of Statistics.

The average CPI from January to November, however, increased by 0.3 per cent YoY, an official Chinese media outlet reported.

Non-food prices went up by 0.4 per cent YoY and fell by 0.4 per cent during the month, the data showed.

ALCHEMPro News Desk (DS)

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