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| China's consumer prices fell for a second consecutive month in November while factory-gate prices declined at a faster pace, data from the National Bureau of Statistics showed on Saturday. |
| The country's consumer price index, a main gauge of inflation, dipped by 0.5 percent year-on-year in November, the NBS said, after a 0.2 percent drop in October. |
| Dong Lijuan, an NBS statistician, said the decline is mainly due to the drop in prices of food and energy. |
| Food prices fell 4.2 percent year-on-year in November, compared with a 4 percent drop in October. The decline in pork prices, in particular, widened from 30.1 percent in October to 31.8 percent in November. |
| Non-food prices increased by 0.4 percent year-on-year in November, down from a 0.7 percent rise in October. And the energy prices dropped by 1.3 percent in November after a 1.2 percent rise in October. |
| On a month-on-month basis, the CPI fell by 0.5 percent, versus a 0.1 percent decline in October. |
| The growth in core CPI, which excludes volatile food and energy prices and is deemed a better gauge of the supply-demand relationship in the economy, came in at 0.6 percent year-on-year in November, the same as October. |
| Meanwhile, China's producer price index, which gauges factory-gate prices, dropped by 3 percent from a year ago in November, following a 2.6 percent fall in October, the NBS said. |
| Dong said the wider PPI decline was affected by factors including declining international prices of oil and lackluster demand for some industrial products. |
| On a month-on-month basis, the PPI dipped by 0.3 percent, after a flat reading in October, according to the NBS. |
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