China December PPI Up 10.3%·CPI Up 1.5% (Preliminary)
[Asia Economy Reporter Kwon Jaehee] On the 12th, the National Bureau of Statistics of China announced that China's Producer Price Index (PPI) for December rose 10.3% year-on-year.
However, it fell short of the market forecast of 11.3%.
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The Consumer Price Index (CPI) rose 1.5% during the same period. The market forecast was 1.7%.
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