You are here

China's Dec inflation falls to 7-month low at 2.5%

CHINA's inflation rate fell to a seven-month low in December on the back of easing food prices, reducing the odds of monetary tightening.

The consumer price index (CPI) eased to 2.5 per cent in December from 3 per cent the previous month. This was well below the 3.5 per cent target set by...