Caixin
Jan 10, 2019 06:54 PM
ECONOMY

Update: Factory Inflation Slumps to More Than Two-Year Low

People buy vegetables at a farmers' market in Nanjing, capital of East China's Jiangsu province on Jan 10. Photo: IC
People buy vegetables at a farmers' market in Nanjing, capital of East China's Jiangsu province on Jan 10. Photo: IC

* China’s producer price index was up 0.9% year-on-year in December, significantly down from November’s increase and the lowest level since September 2016

* The consumer price index rose 1.9% year-on-year in December, down from 2.2% the previous month

(Beijing) — China’s factory inflation rate plunged to a 27-month low in December amid falling oil prices, while consumer inflation cooled further, government data showed Thursday.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.