China inflation: easing consumer, factory-gate price pressure opens door for Beijing to support slowing economy


China’s improving consumer and factory-gate inflation outlook will leave more room for easing monetary policy in the coming months, with next week’s headline growth rate figures set to confirm the anticipated slowdown.

Data released on Wednesday showed China’s factory-gate prices rose more slowly than expected in December, helped by government efforts to cool raw material prices.

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SCMP , China , Inflation

   

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