Prices at China's factory gates fell for a 34th consecutive month in December, pushed down by falling energy and commodity prices.
China's producer price index deflated by 3.3 per cent in annual terms last month, the most since September 2009. Prices in the mining sector were down 13.2 per cent, while raw materials prices fell 6.4 per cent.
"Producer prices remain in deflation because of falling commodity prices," said Moody's Analytics before the report.
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