Investing.com - Chinese inflation rose last month indicating that Beijing’s effort to bolster growth may be starting to take effect.
China’s consumer price index rose 1.5% in November from a year earlier, slightly better than forecasts for an increase of 1.4%.
On a monthly basis, consumer prices were flat, after a 0.3% fall in October.
But China’s producer price index fell 5.9% from a year earlier, as weak demand and falling global commodity prices continued to weigh.
China's central bank has already cut interest rates six times since last November in a bid to shore up slowing growth.
The rate of economic growth in China slowed to 6.9% in Q3, dipping below 7% for the first time since the global financial crisis.