# China wholesale inflation hits over four-year high as consumer measure slows

- URL: https://talkfuse.com/story/china-wholesale-inflation-hits-over-four-year-high-as-consumer-measure-slows/
- Published: 2026-11-09T01:40:11+00:00
- Updated: 2026-11-09T02:33:21+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/09/china-wholesale-inflation-rises-consumer.html
- Topics: Asia, Business, Economy, Elections, Politics, World

## Key points

- Producer inflation reached 5.7%, its highest since June 2022.
- Consumer inflation slowed to 0.7% in October.
- Mining and raw materials drove producer price growth.

## Summary

China’s producer price inflation accelerated to a more than four-year high in October, while consumer inflation slowed. The contrasting figures suggest that rising costs for producers have not translated into stronger overall price growth for households.

Producer prices rose 5.7% year on year, above economists’ 5.3% forecast and up for a third consecutive month, driven by mining and raw materials. Consumer inflation eased to 0.7% from 0.9% in September, below the 0.8% forecast, while core inflation fell to 0.8% from 1%. Higher gasoline prices supported consumer prices, but a sharper fall in food prices offset some of that increase; the CSI 300 rose 0.56% after the data.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.