BEIJING: China's factory-gate inflation rose more slowly than expected in December as the government took steps to contain lofty raw material prices, official data showed on Wednesday.
The producer price index (PPI) climbed 10.3% from a year earlier, the National Bureau of Statistics (NBS) said in a statement. Economists in a Reuters poll had expected the PPI index to gain 11.1% after a 12.9% rise in November.
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