China’s PPI Accelerates on Energy Shock, but Cooling CPI Exposes Weak Domestic Demand

China’s producer price inflation accelerated more than expected in October, driven by elevated energy costs, while consumer inflation softened as domestic demand continued to struggle. PPI rose from 5.0% yoy to 5.7%, exceeding market expectations of 5.4% and reaching its highest level since mid-2022. In contrast, headline CPI slowed from 0.9% yoy to 0.7%, below […] The post China’s PPI Accelerates on Energy Shock, but Cooling CPI Exposes Weak Domestic Demand appeared first on ActionForex.