China’s producer inflation rises to 5.7% in October, fastest since June 2022
China’s factory-gate prices rose 5.7% year on year in October, up from 5% in September and above economists’ median forecast of 5.3%, National Bureau of Statistics data showed. Producer inflation reached its fastest pace since June 2022. Consumer-price inflation eased to 0.7% from 0.9%, while core inflation, excluding food and energy, fell to 0.8%, matching its low for the year.