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CPI in China drops by 0.5% YoY, MoM in Nov 2023
10 Dec '23
1 min read
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- China's consumer price index (CPI) dropped by 0.5 per cent year on year (YoY) as well as month on month (MoM) in November this year, according to data from the National Bureau of Statistics.
- The average CPI from January to November, however, rose by 0.3 per cent YoY.
- Non-food prices went up by 0.4 per cent YoY and fell by 0.4 per cent during the month.
China's consumer price index (CPI) dropped by 0.5 per cent year on year (YoY) as well as month on month in November this year, according to data from the National Bureau of Statistics.
The average CPI from January to November, however, increased by 0.3 per cent YoY, an official Chinese media outlet reported.
Non-food prices went up by 0.4 per cent YoY and fell by 0.4 per cent during the month, the data showed.
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