The consumer price index, published by the State Statistical Office (GUS), China, in December, on an annualized basis, was 2.1%, lower than the previous value, and economists forecast of 2.3%. The calculation of this indicator includes the price of food, clothing, education, health care, transportation, utilities, leisure. The indicator is calculated monthly and is the main indicator of inflation.

Also, China's State Statistical Department reported that the growth of the producer price index that reflects changes in wholesale prices for goods and services in China, in December compared with the same period last year, touched the high for the last five years. PPI rose 5.5%, well above economists' forecast of 4.5% and the previous value of 3.3%.