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00:03China's consumer prices rose in October due to holiday-driven demand for travel,
00:07food, and transport, though economists expect the boost to be temporary, according to Bloomberg.
00:12China's consumer price index rose 0.2% in October, beating expectations of a 0.1% decline,
00:20while core inflation excluding food and energy increased 1.2%.
00:24Goldman Sachs economists said China's price increases likely stemmed from temporary golden
00:29week demand, with their persistence still uncertain.
00:32China has been battling deflation, with price declines in August and September,
00:36and its GDP deflator falling for over two years, the longest stretch since 1993.
00:41For all things money, visit Benzinga.com.
