Business
2025.11.09 15:20 GMT+8

China's consumer prices return to growth in October, producer price decline narrows

Updated 2025.11.09 15:20 GMT+8
CGTN

China's consumer price index (CPI), a main gauge of inflation, was up 0.2 percent year-on-year in October 2025, data from the National Bureau of Statistics (NBS) showed Sunday.

On a monthly basis as well, the CPI rose 0.2 percent last month, according to the data.

The core CPI, which excludes food and energy prices, increased by 1.2 percent year-on-year, marking the sixth consecutive month of acceleration in growth pace.

NBS statistician Dong Lijuan attributed the consumer price increase last month to the continued effects of policies to expand domestic demand, coupled with the boosting impact of the National Day and Mid-Autumn Festival holiday period.

Sunday's data also revealed that the producer price index (PPI), which measures costs for goods at the factory gate, fell 2.1 percent year-on-year in October, narrowing the decline from 2.3 percent year-on-year in September.

Dong Lijuan highlighted, however, that the PPI for industrial producers rose 0.1 percent month-on-month from the previous month, marking the first increase of the year, following improvements in supply and demand in some domestic industries and the transmission of international commodity prices. 

(With input from Xinhua, cover via VCG)

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