China Inflation Unchanged In December

(RTTNews) - Consumer prices in China were flat on month in December, the National Bureau of Statistics said on Thursday

That exceeded expectations for a decline of 0.2 percent following the 0.6 percent drop in November.

On a yearly basis, consumer prices were up 0.1 percent - matching forecasts and easing from 0.2 percent in the previous month.

The NBS also said that producer prices dropped an annual 2.3 percent - exceeding forecasts for a decline of 2.4 percent following the 2.5 percent contraction a month earlier.