The latest Chinese inflation data for December has been released with the consumer price index (CPI) rising more than expected, 0.2% instead of a flat result, mainly due to a reversal in food prices.
This arrests the decline seen in November, but the impact of COVID-19 is still being felt, with producer inflation (PPI) still in negative territory, down 0.4% although it is recovering since the depths of early 2020:
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