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BEIJING, Jan 9 (Reuters) - China’s producer prices in December fell 0.5% from a year earlier, official data showed on Thursday, marking the sixth month of contraction as manufacturers struggled with weak demand and the U.S.-Sino trade war.
Analysts had expected factory-gate prices to fall 0.4% year-on-year, compared with a 1.4% drop in November.
The consumer price index in December rose 4.5% from a year earlier, unchanged from the gain in November and missing analysts’ expectations of a 4.7% rise. (Reporting by Lusha Zhang, Colin Qian and Ryan Woo; Editing by Jacqueline Wong)