China’s Consumer Inflation Cools Further
China's consumer price index (CPI) rose 1.9% year-on-year in December, according to data released Thursday by the National Bureau of Statistics. The reading hasn't been this low since June.
The producer price index (PPI) rose 0.9% year-on-year in December, marking the slowest pace since September 2016.
For the whole of 2018, CPI and PPI grew 2.1% and 3.5%, respectively.
Related: Charts of the Day: Consumer, Factory Inflation Both Slow