China's consumer inflation hits near 3-year high, factory-gate deflation eases

BY Reuters | ECONOMIC | 01/08/26 08:38 PM EST

BEIJING, Jan 9 (Reuters) - China's annual consumer price inflation hit a 34-month high in ?December while producer price deflation ?moderated, data from the ?National Bureau of ?Statistics showed ?on Friday.

The consumer price index (CPI) ?rose 0.8% ?from the same month in 2024, matching ?expectations in ?a ?Reuters poll. The index rose 0.7% in November.

On ?a monthly basis, CPI climbed 0.2% in December, compared with a 0.1% dip in ?the ?previous month and a forecast for ?a 0.1% rise.

The producer price index (PPI) fell 1.9% year-on-year, compared with a 2.2% fall in November and ?an expected drop of 2%. (Reporting by Yukun Zhang and Ryan ?Woo; Editing by Shri Navaratnam)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article