(Jan 10): China’s consumer inflation steadied in December while factory price declines moderated, leaving room for monetary easing to cement a recent stabilisation in economic growth.

The consumer price index (CPI) rose 4.5% in December 2019 from a year earlier, matching November’s rate and halting the recent acceleration fuelled by surging pork prices. The producer price index (PPI) declined 0.5% from a year earlier versus a 1.4% drop in November.

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