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Inflation rose three per cent in cities, and 3.1 per cent in rural areas. Food prices rose 5.9 per cent from a year ago, while prices of non-food products edged up 1.6 per cent.
Prices of grain, beef, mutton, milk and fruit rose month-on-month, but prices of pork, fresh vegetables, eggs and aquatic products were down from the previous month.
Food prices dropped 0.2 per cent from October. Prices of non-food products remained flat against the previous month.
In the first 11 months of this year, China’s consumer price index (CPI) rose 2.6 per cent year-on-year, well below the government’s full-year target of 3.5 per cent.
The moderation in year-on-year CPI inflation in November was due to lower food inflation, according to a research note by Zhi Xiaojia and Lu Ting, China economists with Bank of America Merrill Lynch.