China’s consumer price growth accelerates, but factory-gate inflation eases



China’s consumer prices rose only last month, but factory-gate inflation eased, data released on Thursday showed.China’s official consumer price index (CPI) rose by 2.3 per cent in November from a year earlier, up from a rise of 1.5 per cent in October, the National Bureau of Statistics (NBS) said.This was below the expectations of analysts in a Bloomberg survey, which had predicted a rise to 2.5 per cent.Beijing has set a 2021 CPI growth target of around 3 per cent, compared with around 3.5…


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