FX.co ★ China’s October CPI Growth Cools to 0.7% Year-on-Year, Easing from September

China’s consumer price growth eased in October 2026, with the Consumer Price Index (CPI) rising 0.7% year-on-year, down from a 0.9% increase in September 2026. The data, updated on 9 November 2026, indicate a slight moderation in price pressures as measured against the same month a year earlier.

Both the current and previous readings are based on year-on-year comparisons, where October’s 0.7% figure reflects the change relative to October of the prior year, and September’s 0.9% reading reflects the change versus September a year earlier. The slowdown suggests a softer inflation dynamic heading into the final quarter of 2026, a key consideration for policymakers and markets watching the balance between supporting growth and maintaining price stability in the world’s second-largest economy.