China: Inflation Cooled a Bit in December 2021

China's official consumer price index rose by 1.5% year-on-year in December 2021 after increasing 2.3% in November, the producer price index rose by 10.3% year-on-year after increasing 12.9% in November, and core consumer inflation was 1.2% year-on-year, unchanged from November, Bloomberg reported Jan. 12....