China's Inflation Rate Shows a Slight Decline

China's annual inflation rate for November has been reported at 0.2%, slightly lower than the expected figure and a decrease from the 0.3% recorded in the previous month, according to the National Bureau of Statistics.

On a monthly basis, consumer prices experienced a 0.6% decline, contrasting with the 0.3% drop observed in October.

Producer Price Index Also Sees a Decline

In addition to the consumer price index, the Producer Price Index (PPI) also saw a year-on-year decrease of 2.5%, a lower-than-anticipated figure compared to the 2.9% decline in the previous month.