Chinese producer inflation was zero in November and fell to 12.9% over the year:
The components are beginning to reverse with a little recent inflation in value-added segments as basic material inputs begin to deflate:
There’s not too much to worry about there so long as China keeps the heat on coal and iron ore over time.
The CPI popped a little:
But the segments look fine:
China is about to develop into a global deflationary sinkhole.