China’s CPI inches up 0.2% in October as consumer demand slowly rebounds

China’s consumer price index rose 0.2 % year-on-year in October 2025, marking a mild uptick that helped ease persistent deflation worries. The rise was driven by higher service costs, travel demand, and modest food-price stabilization following months of decline. Producer prices continued to contract, but at a slower pace, suggesting easing margin pressure for manufacturers. Economists interpret the data as a sign of improving household sentiment and the gradual effectiveness of Beijing’s fiscal measures to revive domestic consumption and stabilize industrial output amid a challenging global trade environment.