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China inflation eases but producer prices spike

Analysts say the commodity price increase could trickle to consumers and warn against the build up of asset bubbles, saying that the central bank could tighten its monetary policies.


CHINA'S inflation eased in December while prices at factory gates continued to rise, reaching their highest point in five years on the back of strong commodity prices.

The consumer price index (CPI) rose 2.1 per cent year on year in December, slightly below expectations, as...

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