China's consumer inflation eased to 11-year low in October, pork prices fell for first time in 19 months

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China’s consumer inflation eased to the lowest level in more than eleven years, dragged down by the first drop in pork prices in 19 months, and factory-gate prices declined at a sharper-than-expected pace, highlighting continued economic challenges as COVID-19 saps demand.

The consumer price index grew 0.5 per cent in October from a year earlier, the slowest pace since late 2009, showed data released by the National Bureau of Statistics on Tuesday. That compares to the median estimate of a 0.8 per cent increase in a Bloomberg survey and an . . .

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