Jan 12 - PPI Continues its Steep Decline, CPI Only Marginally Lower in December

Source: NBS, NBS, ChinaScope Financial (Data)

+   This morning the Statistical Bureau published December’s inflation numbers; CPI was 4.1%, down 0.1 percentage point from November, and PPI was 1.7%, down a whole percentage point from November.

+   Non-food inflation was 1.2%, down one percentage point, while food inflation was 9.10, up 0.3 percentage points.

+   Related Data: CPI, PPI, CPI - Food and Non-food

CPI and PPI have been decreasing steadily in the second half of 2011. Food inflation, however, remains high.

For more data about China’s macroeconomic fundamentals, please visit www.chinascopefinancial.com

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