China's inflation rose above forecasts of 4.7% to reach 5.1% in November from 4.4% in October to record the most rapid pace in 28 months, according to consumer prices inflation gauge.

The statistics bureau said the surge was boosted by the 11.7% incline in food prices as well as the increase in residence-related costs.

Producer prices also climbed to 6.1%, beating analysts' projections of 5.1% rise.

The leap above the government's target of 3% may prompt policy makers to raise interest rate again in the coming months after raising it in October by 50 basis points.