China Producer Inflation Rises to 5.7%, Highest Since June 2022
China’s producer prices rose 5.7% year on year in October, up from 5% in September. Monthly prices increased 0.7%, slowing from September’s 1.2% gain.
Data from the National Bureau of Statistics showed producer price inflation rose to 5.7% year-on-year in October from 5% in September, marking its highest level since June 2022. On a monthly basis, producer prices increased 0.7%, easing from September's 1.2% gain.The statistics bureau said energy-r…