China inflation: consumer, factory-gate price pressure eases as growth slows in December

Source: China – South China Morning PostChina’s consumer and factory-gate inflation growth both eased last month, data released on Wednesday showed.China’s official consumer price index (CPI) rose by 1.5 per cent in December from a year earlier, down from a rise of 2.3 per cent in November, the National Bureau of Statistics (NBS) said.This was below the expectations of analysts in a Bloomberg survey, who had predicted a fall to 1.7 per cent.Food prices fell by 1.2 per cent from a year earlier, down from a rise of 1.6 per cent in…Read More

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