China's December inflation rises 4.1% Y/Y vs. 4.0% expected, 4.2% in November. For all of 2011, inflation came in at 5.4%. Though the December print is a bit worse than expectations, the inflation rate has fallen to a 15-month low, keeping analysts hopeful for additional monetary ease from Beijing.
The consumer price index rose 4.1% in December compared to a year earlier, the National Bureau of Statistics reported Thursday, with the result close to a 4.0% gain tipped by a Dow Jones Newswires survey of analysts.
In November, the CPI had risen 4.2% from the year-ago month, marking a sharp cooling from October’s 5.5% increase.
Compared to November, the consumer price index was 0.3% higher, putting CPI inflation for all of 2011 at 5.4%, the bureau said.
In November, the CPI had risen 4.2% from the year-ago month, marking a sharp cooling from October’s 5.5% increase.
Compared to November, the consumer price index was 0.3% higher, putting CPI inflation for all of 2011 at 5.4%, the bureau said.
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