China's CPI Edged Down To End The Year
Source: SeekingAlpha
2025-01-09 01:35:00 ET
Summary
- December CPI inflation edged down to 0.1% year-on-year, down from 0.2% YoY in November, and tying March 2024 for an 11-month low.
- A fall in food prices dragged inflation lower, but a small uptick in non-food prices helped the headline stay barely positive.
- It is likely that the upcoming Lunar New Year will help January inflation rebound, but overall inflation is expected to remain low in 2025.
By Lynn Song
Deflationary pressures persist as headline inflation fell
December CPI inflation edged down to 0.1% year-on-year, down from 0.2% YoY in November, and tying March 2024 for an 11-month low. Headline inflation has now gradually moved lower for four straight months. CPI inflation ends the year at 0.2% YoY, lower than forecasts for most of the year....
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China's CPI Edged Down To End The Year
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