China Factory Prices Rise at Slowest Pace in More Than Two Years

(Bloomberg) -- China’s factory inflation slowed sharply in December, continuing the slowdown for a sixth straight month to the weakest level since late 2016 on softening demand and lower commodity prices.

• The producer price index rose 0.9 percent in December from a year earlier, while the consumer price index rose 1.9 percent, according to the National Bureau of Statistics. Both were lower than in November and the median estimate of economists.

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