Geopolitics Alpha

China's factory-price inflation hit a 4-year high as consumer prices cooled

Published . Updated .

Key takeaways

  • Producer prices rose 5.7% in October from a year earlier, while consumer inflation slowed to 0.7% from 0.9% in September
  • Exposed: XRT, XLY, FXI, EMB, EMLC
  • Market reaction: XRT +3.7% on the day; XLY +2.9% on the day; AMZN +2.9% on the day

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China's factory-price inflation hit a 4-year high as consumer prices cooled

Producer prices rose 5.7% in October from a year earlier, while consumer inflation slowed to 0.7% from 0.9% in September

Directly affected

  • No company is named in this report.

Indirectly affected

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story.

  • XLY Consumer Discretionary Select Sector SPDR+5.7% 30d

    Consumer Discretionary Select Sector SPDR: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story.

  • FXI iShares China Large-Cap ETF-5.1% 30d

    iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).

  • EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d

    iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in China

  • EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-3.0% 30d

    VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from China.

  • EEM iShares MSCI Emerging Markets ETF-4.8% 16d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): retailers move with shopper spending and import costs. Linked by “consumer” (retail and consumer goods) in this story.

  • AMZN Amazon.com+5.3% 30d

    Amazon.com (catalog and mail-order houses): retailers move with shopper spending and import costs. Linked by “consumer” (retail and consumer goods) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XRT+1.17%+4.73%base+3.68%after closeafter closeafter close
XLY+0.50%+4.03%base+2.90%after closeafter closeafter close
FXI-4.96%-1.02%base-0.84%after closeafter closeafter close
EMB-0.23%+0.42%base+0.60%after closeafter closeafter close
EMLC-0.30%+0.30%base+0.69%after closeafter closeafter close
EEM+3.03%+3.88%base+2.88%after closeafter closeafter close
WMT+1.78%+2.99%base+0.11%after closeafter closeafter close
AMZN-5.28%+2.58%base+2.88%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

China's factory-price inflation hit a 4-year high as consumer prices cooled Quartz

Source: Quartz

Price since this story was published: Spdr Series Trust (XRT)

CompanyWhenMoveStatus
Amazon Com (AMZN)that day+2.88%final price
Amazon Com (AMZN)three days earlier+2.58%final price
Amazon Com (AMZN)five days earlier-5.28%final price
Ishares Tr (EEM)that day+2.88%final price
Ishares Tr (EEM)three days earlier+3.88%final price
Ishares Tr (EEM)five days earlier+3.03%final price
Ishares Tr (EMB)that day+0.60%final price
Ishares Tr (EMB)three days earlier+0.42%final price
Ishares Tr (EMB)five days earlier-0.23%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)that day+0.69%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)three days earlier+0.30%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)five days earlier-0.30%final price
Ishares China Large-Cap Etf (FXI)that day-0.84%final price
Ishares China Large-Cap Etf (FXI)three days earlier-1.02%final price
Ishares China Large-Cap Etf (FXI)five days earlier-4.96%final price
Walmart (WMT)that day+0.11%final price
Walmart (WMT)three days earlier+2.99%final price
Walmart (WMT)five days earlier+1.78%final price
Select Sector Spdr Tr (XLY)that day+2.90%final price
Select Sector Spdr Tr (XLY)three days earlier+4.03%final price
Select Sector Spdr Tr (XLY)five days earlier+0.50%final price
Spdr Series Trust (XRT)that day+3.68%final price
Spdr Series Trust (XRT)three days earlier+4.73%final price
Spdr Series Trust (XRT)five days earlier+1.17%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Spdr Series Trust (XRT)

Companies tied to this story

  • XRT Spdr Series Trust

    For “China's factory-price inflation hit a 4-year high as consumer prices cooled,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story

  • XLY Select Sector Spdr Tr

    In “China's factory-price inflation hit a 4-year high as consumer prices cooled,” Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence. Reason on file: Consumer Discretionary Select Sector SPDR: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story

  • FXI Ishares China Large-Cap Etf

    In “China's factory-price inflation hit a 4-year high as consumer prices cooled,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)

  • EMB Ishares Tr

    Ishares Tr (EMB) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “China's factory-price inflation hit a 4-year high as consumer prices cooled.” Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in China

  • EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf

    Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “China's factory-price inflation hit a 4-year high as consumer prices cooled.” Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from China

  • EEM Ishares Tr

    In “China's factory-price inflation hit a 4-year high as consumer prices cooled,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China

  • WMT Walmart

    Walmart (WMT) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “China's factory-price inflation hit a 4-year high as consumer prices cooled.” Reason on file: Walmart (variety stores): retailers move with shopper spending and import costs. Linked by “consumer” (retail and consumer goods) in this story

  • AMZN Amazon Com

    Amazon Com (AMZN) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “China's factory-price inflation hit a 4-year high as consumer prices cooled.” Reason on file: Amazon.com (catalog and mail-order houses): retailers move with shopper spending and import costs. Linked by “consumer” (retail and consumer goods) in this story

Spdr Series Trust (XRT)

Spdr Series Trust (XRT) is the company in “China's factory-price inflation hit a 4-year high as consumer prices cooled,” the 9 Nov 2026 this story story.

Spdr Series Trust (XRT) is on the page because SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story

Also listed, Select Sector Spdr Tr (XLY): Consumer Discretionary Select Sector SPDR: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story

Dates in the story, and the Spdr Series Trust (XRT) price range

FXI traded between 32.14 and 34.36 across 20 sessions. The latest close on file is 33.21. XLY traded between 110.58 and 119.20 across 20 sessions. The latest close on file is 118.15.

A simple score for Spdr Series Trust (XRT)

46 out of 100

“China's factory-price inflation hit a 4-year high as consumer prices cooled” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.