China – prices versus Japan
The full prices commentary from S&P for China:
The softening of cost inflation to the lowest since the current sequence of inflation began in July 2020, coupled with the heightening of competition for services firms, resulted in selling prices declining for the third time in four months. The rate at which average charges fell was marginal however and slower when compared to August and September
And for Japan:
Inflationary pressures remained marked in November, as the latest rise in operating expenses pushed the current sequence to four years. Higher costs were often reported across a broad range of inputs, including fuel, labour and logistics. Firms increasingly looked to pass higher cost burdens on to clients via higher selling prices, with the rate of charge inflation strengthening to the highest in six months.
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