FX.co ★ China's Consumer Prices Slip into Deflationary Territory in November

China's Consumer Price Index (CPI) registered a decrease in November 2025, marking a subtle yet significant entry into deflationary conditions. The CPI slipped to -0.1% in November from a moderate 0.2% observed in October, based on the latest data updated on December 10, 2025.

This month's deflationary tilt indicates a reversal in consumer pricing patterns and hints at potential underlying economic challenges. The month-over-month comparison reveals how this drop follows the modest inflationary movement of the previous month, signaling a shift from minor inflation to slight deflation within just 30 days.

Economic analysts are closely monitoring these developments as deflation can have far-reaching consequences on consumer behavior, business pricing strategies, and overall economic health. Policymakers may need to assess whether interventions are required to stimulate demand and stabilize pricing dynamics in the near future.