China Factory Prices Jump 3.3%, Lifting Global Inflation Outlook

China‚Äôs factory-gate inflation rose to the highest since late 2011, helping to sustain prices around the world. Consumer prices picked up on rising food costs. Key Points The producer-price index jumped 3.3 percent in November from a year earlier, exceeding all 47 estimates in a Bloomberg survey and the 1.2 percent gain in October The consumer-price index rose 2.3 percent, …