China consumer prices unexpectedly rose on holiday demand
Travel and food expenditure during October’s holiday period pushed service costs into positive territory.
Pedestrians pass a Gucci storefront and Chinese national flags at Jiefangbei Central Business District during China’s National Day Golden Week. The weeklong holiday saw luxury foot traffic surge across top-tier cities, even as consumer spending patterns shifted amid broader economic uncertainty. Image: Getty Images
Pedestrians pass a Gucci storefront and Chinese national flags at Jiefangbei Central Business District during China’s National Day Golden Week. The weeklong holiday saw luxury foot traffic surge across top-tier cities, even as consumer spending patterns shifted amid broader economic uncertainty. Image: Getty Images