China NBS: In October, food, tobacco and dining-out prices fell 1.6% YoY,
subtracting about 0.48 percentage points from CPI. By item: fresh vegetables
-16.9% YoY (‑0.31pp contribution to CPI); fresh fruit -3.8% YoY (‑0.07pp);
livestock meat -2.7% YoY (‑0.11pp), with pork down 8.6%; eggs +10.1% YoY
(+0.05pp). Of seven other major categories, six rose and one fell:
transportation & communication +5.5% YoY, healthcare +2.4%, other goods &
services +1.8%, education/culture/recreation +1.5%, clothing +1.1%, household
goods & services +0.2%, housing -0.3%.
