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Print[Ferro-alloys.com] Thursday's figures showed China's consumer price index (CPI) inflation rose lower than expected in December to a seven-month low.
December's CPI - a main gauge of inflation - rose 2.5 percent year on year, down from 3 percent in November and 3.2 percent in October, the National Bureau of Statistics (NBS) said.
Analysts maintained that falling CPI readings and modest inflation pressure will allow policymakers to continue focusing on policies to support growth while implementing structural reform measures this year.
Lower inflation might give the People's Bank of China (PBOC, central bank) some room to ease the liquidity situation and to tame rising interbank lending rates, they said.
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