China Dec CPI rises 1.8 pct y/y; PPI up 4.9 y/y, above forecast

China’s consumer inflation accelerated to 1.8 percent in December, official data showed on Wednesday. The consumer price index (CPI) had been expected to rise 1.9 percent from a year earlier, compared with an increase of 1.7 percent in November. The producer price index rose 4.9 percent from a...
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