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China's consumer prices have slipped back into decline, with October consumer prices shrinking 0.2% year-on-year, more than the expected 0.1% fall. Pork prices are in a slump, and producer prices declined 2.6%, slightly smaller than the expected decline of 2.7%. The decline in consumer prices is raising concerns about the country's economic recovery, as it indicates weakness in domestic demand. A ferocious price war among China's e-commerce retailers during the 'Singles Day' shopping event has further exposed weakness in household consumption. Despite some sales growth reported by e-commerce giants, the deflationary trend in consumer prices is causing concerns about a slowdown in the world's second-largest economy. Xiaomi's sales of more than 1 million units of its latest flagship smartphone in the week since its launch are seen as a sign that the slump in China's phone market may be easing. Huawei's sales have also seen a significant boost, with an 83% increase, contributing to the rebound in China's smartphone market.