China’s consumer price index slows in Dec By Reuters

BEIJING (Reuters) – China’s consumer price index fell in December, as a drop in commodity prices continued, as Beijing stepped up policy support to boost a sagging economy.

The consumer price index rose 0.1% last month on an annualized basis, down from a 0.2% increase in November and the slowest pace since April, data from the National Bureau of Statistics showed. on Thursday. That was in line with predictions in a Reuters poll of economists.

CPI was flat month-on-month, against a 0.6% drop in November and similar estimates.

The consumer price index fell 2.3% year-on-year in December, slower than the 2.5% fall in November and the 2.4% decline.