China's consumer inflation hits near 3-year high, factory-gate deflation eases
BY Reuters | ECONOMIC | 01/08/26 08:38 PM ESTBEIJING, 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)
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