Economy

xchrom

(108,903 posts)

48. China inflation rate little changed at 4.1% in December

Thu Jan 12, 2012, 10:17 AM

Jan 2012

http://www.bbc.co.uk/news/business-16522996

China's rate of inflation was little changed in December, despite government efforts to rein in prices.

Consumer prices rose 4.1% from the same month last year, the National Bureau of Statistics said. That is down from 4.2% in November.

For the full year, inflation was at 5.4%, well above government targets.

Analysts said that while inflation remains a concern for policymakers, price growth should slow further and more quickly in 2012.

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