China's producer prices rose 5.7% in October, above the 5.3% economists expected.
Producer prices grew at the fastest rate since June 2022, accelerating for a third month.
The rise was driven by mining and raw materials prices, with very strong external demand cited.
Consumer inflation slowed to 0.7%, missing 0.8% expectations and down from 0.9% in September.
Core inflation eased to 0.8%, while food prices fell more than expected and offset gasoline.
💬 Do factory price jumps change how you read China's recovery signals?
Source: CNBC
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