# China wholesale inflation hits highest in more than four years as consumer measure slows

> China’s October producer price index rose 5.7% year over year, exceeding forecasts and reaching its highest rate since June 2022, while consumer inflation slowed to 0.7%. Higher mining and raw-material prices supported producer inflation, while falling food prices weighed on consumer inflation.

- Date: 2026-11-09 · published 2026-11-09T03:09:49.291Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/88540-china-wholesale-inflation-hits-highest-in-more-than-four-years-as-consumer
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

The divergence points to rising industrial input costs alongside subdued consumer demand, but the figures do not identify a direct feed-commodity supply shock or price move.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2018-12-07 | [China surprises with higher foreign reserves from inflows \| snaps \| ING THINK](https://feedsoft.ai/events/61797-china-surprises-with-higher-foreign-reserves-from-inflows-snaps-ing-think.md) | -0.0% | -0.4% |
| USDCNY | 2023-05-31 | [China's factory activity falls faster than expected as recovery stumbles \| Reuters](https://feedsoft.ai/events/36174-china-s-factory-activity-falls-faster-than-expected-as-recovery-stumbles-reuters.md) | +0.6% | +2.3% |
| USDCNY | 2018-12-21 | [China sees stable forex market in November - CGTN](https://feedsoft.ai/events/61794-china-sees-stable-forex-market-in-november-cgtn.md) | -0.1% | -1.5% |
| USDCNY | 2018-02-07 | [Stronger yuan won’t dent China trade \| snaps \| ING THINK](https://feedsoft.ai/events/7108-stronger-yuan-won-t-dent-china-trade-snaps-ing-think.md) | +0.9% | +0.6% |
| USDCNY | 2017-09-07 | [China August FX reserves, up for seventh straight month, reach $3.092 trillion](https://feedsoft.ai/events/7802-china-august-fx-reserves-up-for-seventh-straight-month-reach-3-092-trillion.md) | +0.3% | +2.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2026/11/09/china-wholesale-inflation-rises-consumer.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.