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China Inflation Eases More Than Expected In December

China inflation eased more than expected at the end of 2021 largely due to the fall in food prices and factory gate inflation moderated further, official data revealed on Wednesday.

Consumer price inflation slowed to 1.5 percent in December from 2.3 percent in November, the National Bureau of Statistics said. The rate was expected to slow to 1.8 percent.

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by RTTNews Staff Writer

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