SHANGHAI -- China's producer price index eased in November, with the gauge rising 12.9% year on year, the National Bureau of Statistics reported on Thursday. Lower commodity and raw material prices kept the reading below October's record 13.5%.
While the factory gate inflation moderated from the surge seen since September, the PPI pressure fueled the consumer price index, which jumped to 2.3% in November, up from 1.5% in October.
