NEWS

On January 9, according to data from the National Bureau of Statistics, China's consumer market operated smoothly in 2024, with overall stable prices. The annual CPI (Consumer Price Index) increased by 0.2% year-on-year, and the PPI (Producer Price Index) decreased by 2.2% year-on-year, narrowing the decline by 0.8% compared to the previous year. From the latest monthly data, the CPI in December 2024 rose by 0.1% year-on-year, while the PPI fell by 2.3% year-on-year.