Deflationary pressures persist in November
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November was another weak month for prices in China.
Per data released by the stats bureau (NBS) on Monday:
Consumer prices (CPI) grew 0.2% y/y in November, down from 0.3% growth the previous month
Producer prices (PPI) fell by 2.5% y/y, an improvement from September’s 2.9% contraction
Producer pri...