China’s consumer inflation slows further in December, stoking deflation worries
2025-01-08 09:17:40 source:CNBC
Janurary 8, 2025
China’s consumer price inflation in December slipped to 0.1% year on year, data from the National Bureau of Statistics showed Thursday, stoking deflation concerns.
Growth in headline inflation was in line with Reuters estimates, but less than the 0.2% rise in November. Core CPI, which excludes food and energy prices, rose 0.4% year on year compared with 0.3% rise in the previous month, the data showed.
On a month-on-month basis, China’s CPI came in flat, compared with the 0.6% decline in the prior month.
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