China's consumer price index (CPI) ticked down in November due to the weakness in food and energy prices, according to Dong Lijuan, chief statistician with the National Bureau of Statistics.
The core CPI deducting food and energy prices inched up 0.6% in November from a year ago, registering the same growth rate with last month and continuing a mild upward trend.
The CPI slid 0.5% on a monthly basis, affected by ample supply of agricultural produce under mild temperature, slump in international oil prices and seasonal fall in service consumption like traveling.
The CPI fell 0.5% on a yearly basis, by 0.3 percentage points larger than the reduction in October, with the drag force from the decline in energy prices increasing by 0.19 percentage points.
China's producer price index (PPI) in November ticked down from October and saw the year-on-year reduction expand, owing to the fall in international oil prices and soft demand for some industrial products.
The PPI ticked down 0.3% month on month in November, after keeping flat in October. In contrast, prices of coal mining and washing industry ticked up 0.3% from a month ago.
PPI's year-on-year reduction widened by 0.4 percentage points to 3.0% in November. Coal mining and washing industry prices tumbled 15.8% in November and 11.5% during January-November.
The average PPI during January-November was 3.1% lower over the same period of last year.
(Writing by Shengnan Liu Editing by Harry Huo)
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