{
  "id": 19102848,
  "title": "China's factory-gate inflation at fastest in nearly 4-1/2 years in October",
  "url": "https://urgent.news/2026/11/09/chinas-factory-gate-inflation-at-fastest-in-nearly-4-1-2-years-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-09T05:32:44.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/11/1573875/chinas-factory-gate-inflation-fastest-nearly-4-12-years-october"
  },
  "original_language": "en",
  "account": "China's factory-gate inflation surged to its fastest pace in nearly four and a half years in October, driven by higher oil prices that increased manufacturing costs, according to data released on Monday. Simultaneously, consumer inflation softened due to weak domestic demand. The war in the Middle East has kept energy prices elevated, impacting sectors such as coal mining, oil and natural gas extraction and processing, chemicals, and other energy-intensive industries, which are major contributors to producer-price inflation. However, these upstream price pressures have not yet fully translated into consumer prices due to subdued household demand in China's second-largest economy.\n\nThe producer price index (PPI) increased by 5.7% year-on-year in October, outpacing both the 5% rise in September and the Reuters poll forecast of a 5.3% increase, marking the highest annual rise since June 2022 when the PPI jumped by 6.1%. In contrast, the consumer price index (CPI) rose by 0.7% year-on-year, slightly below economists' expectations of a 0.8% increase. Fears persist that the external price shock from the Middle East conflict will sustain inflationary pressures for several months, but its effect is expected to diminish next year. Analysts anticipate a potential return to deflationary trends in producer prices, as occurred prior to the outbreak of the Middle East war, while consumer inflation is projected to average 0.4% in 2027.",
  "summary": "BEIJING: China’s producer inflation accelerated to its fastest rate in nearly 4-1/2 years in October as higher global oil prices raised manufacturing costs, even as consumer inflation cooled amid weak domestic demand, data showed on Monday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Breaking: China’s CPI inflation eases to 0.7% YoY in October, vs. 0.8% expected",
        "url": "https://urgent.news/2026/11/09/breaking-chinas-cpi-inflation-eases-to-0-7-yoy-in-october-vs-0-8",
        "published": "2026-11-09T01:31:16.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "China’s October producer inflation quickens further, consumer prices edge down",
        "url": "https://urgent.news/2026/11/09/chinas-october-producer-inflation-quickens-further-consumer-prices",
        "published": "2026-11-09T01:42:26.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "China’s inflation edges lower in October",
        "url": "https://urgent.news/2026/11/09/chinas-inflation-edges-lower-in-october",
        "published": "2026-11-09T02:01:28.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "China wholesale inflation hits highest in more than four years as consumer measure slows",
        "url": "https://urgent.news/2026/11/09/china-wholesale-inflation-hits-highest-in-more-than-four-years-as",
        "published": "2026-11-09T02:28:50.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "China’s factory-gate inflation gains momentum in October, consumer price pressures stay muted",
        "url": "https://urgent.news/2026/11/09/chinas-factory-gate-inflation-gains-momentum-in-october-consumer",
        "published": "2026-11-09T03:00:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "China's factory-gate inflation at fastest in nearly 4-1/2 years in October, while CPI rise moderates",
        "url": "https://urgent.news/2026/11/09/chinas-factory-gate-inflation-at-fastest-in-nearly-4-1-2-years-in-19105917",
        "published": "2026-11-09T06:13:58.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}