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China CPI Slows To 1.9% On Year In December

Consumer prices in China were up just 1.9 percent on year in December, the National Bureau of Statistics said on Thursday.

That was shy of expectations for an increase of 2.1 percent on year and down from 2.2 percent in November.

The bureau also said that producer prices were up an annual 0.9 percent - well shy of forecasts for 1.6 percent and down sharply from 2.7 percent in the previous month.

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