China's consumer price index rose 20 basis points year-on-year in November, below analysts' expectations. The producer price index continued its two-year decline, decreasing year-on-year but performing slightly better than expected. Persistently low inflation highlights weak domestic demand despite recent stimulus efforts, including rate cuts and market support. Analysts anticipate prolonged deflation and subdued inflation in China, with Fitch Ratings projecting slower GDP growth amid trade policy and property market concerns.