Price pressures in China slightly below estimates

FXstreet.com (Bali) - The latest consumer price index (MoM)(Dec) in China saw prices slightly softer-than-expected at 0.3% VS 0.4% expected and -0.1% last, while the YoY reading for Dec stood at +2.5% vs +2.7% expected and +3.0% last. The producer price index (YoY)(Dec), meanwhile, came at -1.4% vs -1.3% expected and -1.4% last.