TODAY'S TOP STORIES

China Consumer Price Inflation Rises; Factory Price Growth Slows

China's consumer price inflation accelerated at the end of the year 2022, owing to higher food prices, while factory gate prices continued to fall, albeit at a slower pace.

The consumer price index, or CPI, rose 1.8 percent year-on-year in December, as expected, after a 1.6 percent increase in November, data from the National Bureau of Statistics showed Thursday.

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by Renju Jaya

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