China CPI turned positive in Dec, PPI deflation flowed to -0.4% yoy

<p>China’s CPI turned positive to 0.2% yoy in December, up from -0.50% yoy, above expectation of 0.1% yoy. Core CPI, excluding food and energy, stood at 0.4% yoy, down from 0.5% yoy. “Ahead of New Year’s Day and the Spring Festival, consumer demand increased, and feed costs also rose,” said Dong Lijuan, a senior statistician […]</p>
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