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China's CPI up 0.7 pct in November

China

China

China

China's CPI up 0.7 pct in November

2025-12-10 10:43 Last Updated At:14:57

China's consumer price index (CPI), a main gauge of inflation, grew at a faster pace in November, driven by rising food prices, official data showed Wednesday.

The CPI rose 0.7 percent year on year in November, accelerating from October's rise of 0.2 percent and marking the fastest pace of growth since March 2024, according to the National Bureau of Statistics (NBS).

The core CPI, which excludes food and energy prices, increased by 1.2 percent year on year in November.

In urban areas, the CPI rose by 0.7 percent, while in rural regions, it increased by 0.4 percent. Food prices saw a rise of 0.2 percent, and non-food prices went up by 0.8 percent.

Meanwhile, consumer goods prices edged up by 0.6 percent, and service prices increased by 0.7 percent year on year, according to the NBS.

On a monthly basis, the CPI edged down 0.1 percent last month, the NBS data showed.

The urban figure dropped by 0.1 percent while rural areas remained flat. Food prices rose by 0.5 percent, and non-food prices went down 0.2 percent over last month.

Comparing with those of October, consumer goods prices increased by 0.1 percent, while service prices dipped by 0.4 percent, statistics showed.

China's CPI up 0.7 pct in November

China's CPI up 0.7 pct in November

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Crude futures settle lower

 

Oil prices fell on Tuesday.

The West Texas Intermediate for January delivery dropped 63 cents, or 1.07 percent, to settle at 58.25 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for February delivery decreased by 55 cents, or 0.88 percent, to 61.94 dollars a barrel on the London ICE Futures Exchange.

Crude futures settle lower

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