China’s Factory Gate, Consumer Inflation Eases Further in December: Official Data

People look at fresh seafood in a supermarket following an outbreak of the coronavirus disease in Beijing on August 13, 2020. Thomas Peter/Reuters

Both China’s factory gate and consumer inflation rose at a slower pace in December, following the fall of some raw material prices, official data showed on Jan. 12.

Consumer price inflation also slowed last month as food prices fell, the National Bureau of Statistics (NBS) said in a statement.