China's Inflation Rate Dips Slightly to 0.1% in December

According to the latest report from China's National Bureau of Statistics, the country's annual inflation rate slightly decreased to 0.1% in December, down from 0.2% in November. This figure aligns with economists' expectations and highlights the ongoing challenges in stimulating consumer demand amidst a sluggish economic recovery.

Producer Price Index (PPI) Also Sees a Decline

In addition to the consumer inflation rate, the Producer Price Index (PPI) also experienced a downturn, declining by 2.3% year-on-year. This was slightly more than the 2.5% drop observed in the previous month, indicating persistent deflationary pressures in the industrial sector.