China wholesale inflation hits over four-year high as consumer measure slows

1. 核心事实剥离

• 事件本质： 中国10月PPI录得5.7%，高于5.3%的路透调查预期，且消费者价格指标同步放缓；真正可交易的变量不是PPI单点超预期，而是生产者端涨价能否向终端价格、企业盈利及全球通胀预期传导。〔SRC〕〔SRC:"China wholesale inflation hits over four-year high as consumer measur