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via seekingalpha.comEconomy

China's inflation cooled in October amid falling food prices

FROM THE WIRE · SEEKINGALPHA.COM

China’s inflation moderated as food costs matched a 13-month low, driven by a sharp decline in vegetable prices. Core inflation dipped to a 9-month low of 0.8%. Read more here...

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralCooling inflation in China can shape expectations for Chinese monetary policy and Asian market sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01China's inflation moderated in October.
  2. 02Food costs matched a 13-month low, driven by a sharp fall in vegetable prices.
  3. 03Core inflation dipped to 0.8%, a 9-month low.

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