News Analysis China edged back into disinflation in October as consumer demand continued to weaken and producer prices fell, highlighting the persistence of disinflationary pressures and shaky recovery while policymakers struggled to reignite growth in the world’s second-largest economy. The consumer price index (CPI), the main gauge of inflation, fell 0.2 percent year-on-year (YOY) in October, according to National Bureau of Statistics (NBS) data released on Nov. 9, higher than the 0.1 percent reduction predicted in a Reuters poll. Furthermore, the producer price index (PPI) decreased for the 13th consecutive month, down 2.6 percent YOY, compared to a 2.7 percent loss predicted by economists and a 2.5 percent contraction in September....Read more https://www.theepochtimes.com/china/october-numbers-reinforce-chinas-disinflationary-pressure-5526367