Caixin: China’s annual factory-gate inflation reaches 5.7% as consumer price growth slows

According to Caixin, citing China’s statistics bureau, producer prices rose 5.7% year-on-year in October—the fastest pace since June 2022—while consumer inflation slowed to 0.7% from September’s 0.9%. Producer prices for consumer goods fell 0.1% year-on-year, suggesting limited pass-through of higher upstream costs.