China’s October data – wholesale inflation fell for the first time since December 2020 | Forexlive

The data from China for inflation in October is here:

Reuters have a bit of a recap posted with some more info. On the PPI they add:

China’s factory gate prices for October dropped for the first time since December 2020, underlining faltering domestic demand and disruptions to production amid strict COVID-19 measures and a sluggish property sector

All of those factors cited are well-known and discussed. None of them seem to be improving much at all though.

Earlier re China:

I’m not sure how much support we can expect for the Chinese economy. I posted this on the Congress recently concluded:

There are expectations China will pivot away from a nearly exclusive focus on economic development to more security-related priorities.