China's consumer prices fell more than expected in September, while the deflation in producer prices persisted, underscoring the impact of sluggish domestic demand and trade worries on consumer and business sentiment.

The consumer price index fell 0.3% in September from a year earlier, National Bureau of Statistics data showed on Wednesday, a sharper decline than economists' forecast of 0.2% slide, although easing from the 0.4% drop in August.

Prices ticked up 0.1% month-on-month, a smaller than expected recovery compared to economists' forecast for 0.2% increase.

Core CPI, which strips out volatile food and energy prices, rose 1.0% from a year earlier, the highest since February 2024, according to data from Wind Information.

Despite the "positive sign" of improvement in the core CPI

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