Consumer inflation slows, factory prices to rebound

By Xinhua News Agency

Dec 14, 2022 12:15 am

BEIJING: China's consumer inflation decelerated in November as market supply increased, while factory gate prices registered month-on-month growth, official data showed last Friday.

The consumer price index (CPI), a main gauge of inflation, fell 1.6 percent year on year last month from October's 2.1-percent uptick, the National Bureau of Statistics (NBS) said.

People check out fruits for sale at a market in the city of Nanning, Guangxi Zhuang Autonomous Region, southern China on Nov. 9, 2022. XINHUA FILE PHOTO

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