China´s October CPI Rose 4.4 percent
Surging food prices pushed up China´s consumer price index (CPI), a major gauge of inflation, to a 25-month high of 4.4 percent in October. From January to October, China´s CPI rose 3 percent year-on-year, hitting the government´s target ceiling for the year.

China´s October PPI Rose 5 percent
The producer price index, a major measure of inflation at the wholesale level, rose 5 percent in October from a year earlier, 0.7 percentage points higher.

China´s industrial output up 13.1% in Oct
China´s industrial value-added output increased by 13.1 percent year-on-year in October, the National Bureau of Statistics (NBS) announced on Nov. 11. The growth rate for the first 10 months was 16.1 percent year-on-year, down 0.2 percentage points from the January-September period.

The industrial value-added output of State-owned and State-holding companies grew 10.6 percent in October and that of collectively-owned and joint-stock enterprises expanded 7.9 percent and 14.3 percent, respectively. Companies with overseas investment posted a rise of 11.2 percent.

For heavy industries, industrial value-added output in the first 10 months was up 13.2 percent year-on-year, and that for light industries climbed 12.9 percent, said Sheng.

Source: China Textile Leader