China's consumer inflation slows to five-month low in November

China's consumer inflation slowed to 0.2% in November, down from 0.3% in October. This is the lowest rate in five months and below economists' expectations of 0.5%. The consumer price index also fell 0.6% month-on-month. Producer prices continued to decline, with a 2.5% drop year-on-year in November, an improvement from a 2.9% decrease in October. The government is responding with a 10 trillion yuan debt package to support local financing. Despite recent stimulus efforts, China's economy remains fragile. Government advisers are suggesting a growth target of around 5.0% for 2025, amid concerns over potential new tariffs from the U.S.