China’s PPI down 1.9 percent in Dec, CPI up 2.5 percent
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In December last year, China’s producer price index (PPI) decreased by 1.9 percent compared to December 2011 and indicated a slight decline of 0.1 percent compared with November 2012, according to China’s National Bureau of Statistics. Meanwhile, China’s PPI for the whole of 2012 decreased by 1.7 percent on year-on-year basis.
Also in December 2012, China’s consumer price index (CPI) witnessed a year-on-year increase of 2.5 percent, while it was up by 0.8 percent month on month. China’s CPI for the whole year of 2012 increased by 2.6 percent compared to 2011.
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