NBS: China Nov CPI climbs 0.2%, PPI falls 2.5% YoY

China's Consumer Price Index (CPI) in November went up 0.2% on year but lost 0.6% from the previous month, while the Producer Pirce Index (PPI) fell by 2.5% from the same period last year and gained 0.1% on month, according to the data released by the country's National Bureau of Statistics (NBS) on Monday morning.

The country's CPI marked the largest on-month decline in the past nine months due to the unexpected slump in the food prices, according to Dong Lijuan, a senior statistician with NBS. Last month, China's food prices dropped by 2.7% from October, while the average on-month drop in November over the