In October 2026, China's Producer Price Index (PPI) rose to 5.7%, exceeding the 5.3% forecast by economists, marking the fastest growth since June 2022. This increase was attributed to strong external demand and significant price rises in the mining and raw materials sectors. Conversely, the Consumer Price Index (CPI) slowed to 0.7%, down from 0.9% in September and below the expected 0.8%. The rise in consumer prices was primarily driven by gasoline prices, although this was countered by a sharper decline in food prices. Core inflation also decreased to 0.8%.