China’s consumer price grew at faster pace in Dec driven by rising food prices, factory-gate price fell at slower rate amid falling oil prices

China's consumer price grew at a faster pace in December driven by rising food prices while producer price index declined by a slower pace amid falling oil prices.

The consumer price index (CPI) grew by 1.8% in December from a year earlier, accelerating from the 1.6% gain in the previous month, according to data released by the National Bureau of Statistics (NBS) on Thursday.

For the full year of 2022, China's CPI grew by 2% from . . .

 

 

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