China re-entered disinflationary territory in October, data showed on Thursday, as both consumer and producer inflation contracted amid weak retail spending and a worsening slump in the manufacturing sector. Consumer price index (CPI) inflation shrank at an annualized 0.2% in October, data from the National Bureau of Statistics showed. The reading was in line with expectations, and worsened from the 0% reading seen in September. Month-on-month, CPI inflation shrank 0.1%, reversing the 0.2% rise seen in September. October’s data shows that continued stimulus measures from Beijing and some pent-up demand did little to ... (full story)