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.