China's inflation cooled in November, with consumer prices rising just 0.2% year-over-year, down from 0.3% in October, according to data released Monday by the National Bureau of Statistics. Producer prices, while showing slight improvement, remained in deflationary territory, highlighting sluggish domestic demand—an obstacle for Beijing's push to boost economic activity. Economists polled by the Wall Street Journal had anticipated a 0.5% increase, making the weaker-than-expected figures a concerning signal for policymakers.