China’s consumer price index (CPI) rose by 0.2 per cent YoY last year.
In December alone, the CPI edged up by 0.1 per cent YoY.
On a month-on-month (MoM) basis, the CPI was flat in December, following a 0.6-per cent drop in November.
The producer price index fell by 2.2 per cent in 2024—smaller than the 3-per cent drop in 2023; it fell by 2.3 per cent YoY and 0.1 per cent MoM in December.