China’s consumer prices up 0.9% in first three quarters, statistics bureau says

The split between consumer and producer prices is the real signal here: factory-gate prices are rising faster and have done so consistently for months, while consumer inflation stays mild. That combination points to pricing power rebuilding upstream before it reaches households — a reflation pattern rather than demand-led inflation. For crypto and RWA watchers, the relevance is indirect but real: a steadier Chinese price picture shapes the global risk backdrop and the appetite for non-yielding and yield-bearing assets alike. The open question is whether the producer-side momentum eventually passes through to consumer prices or stalls at the factory gate.