China PPI Up 10.3%, CPI Up 1.5%... Below Expectations
[Asia Economy Beijing=Special Correspondent Jo Young-shin] China's National Bureau of Statistics announced that the Producer Price Index (PPI) for December last year was recorded at 10.3% compared to the same period last year. This is lower than the market forecast of 11.1%.
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The Consumer Price Index (CPI) rose by only 1.5% compared to the same period last year.
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