Consumer prices in China were up 0.8 percent on year in December, the National Bureau of Statistics said on Friday.
That was in line with expectations and up from 0.7 percent in the previous month.
On a seasonally adjusted monthly basis, inflation rose 0.2 percent – again matching forecasts following the 0.1 percent contraction in November.
The bureau also said that producer prices contracted 1.9 percent on year, beating forecasts for a decline of 2.0 percent following the 2.2 percent decline a month earlier.
For comments and feedback contact: editorial@rttnews.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
