NBS: China Dec CPI gains 0.1%, PPI loses 2.3% YoY

China's Consumer Price Index (CPI) in December last year climbed by 0.1% from December 2023 though it stayed unchanged from last November, while the Producer Price Index (PPI) dropped 2.3% on year and dipped 0.1% on month, according to the data released by the country's National Bureau of Statistics (NBS) on Thursday.

December's CPI was flat on a monthly basis, with the increases in entertainment prices offset by the weakening of food prices, the NBS data showed. A surge in entertainment and travel activities pushed related prices upward late last month as the new year approached, according to Dong Lijuan, a senior