The National Bureau of Statistics released the national CPI and PPI data for November 2024 on December 9.
According to the latest data, in the equipment manufacturing industry in November, the manufacturing price of photovoltaic equipment and components fell by 2.
0% month-on-month, the manufacturing price of new energy vehicles fell by 0.
8%, and the manufacturing price of lithium-ion batteries also fell by 0.6%. At the same time, the manufacturing price of complete computers increased by 0.
6% month-on-month, and the manufacturing price of communication terminal equipment increased by 0.4%. In terms of consumer goods manufacturing, prices in the agricultural and sideline food processing industry fell by 0.
4%, prices in the textile industry fell by 0.
2%, and prices in the culture, education, industry, beauty, sports and entertainment products manufacturing industry rose by 0.3%. 
, it is worth noting that in November, the national CPI was affected by high temperatures and reduced travel demand.
It fell month-on-month, but showed a slight increase year-on-year.
Core CPI (excluding food and energy prices) continued to rebound, rising 0.
3% year-on-year, an increase of 0.
1 percentage points from the previous month.
In addition, thanks to the combined effect of a series of stock policies and incremental policies, domestic demand for industrial products has rebounded.
PPI has turned from a month-on-month decline to an increase, and the year-on-year decline has narrowed.
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