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China's December PPI Comes in Better Than Expected on Year-over-Year Terms
China's producer price index (PPI) for December reported a year-over-year contraction of -1.9%, slightly outperforming market expectations of -2.0%. The data marks an improvement from November's -2.2% yoy decline, suggesting a gradual stabilization in producer prices. While still showing negative yoy momentum, the smaller-than-expected contraction indicates modest resilience in China's manufacturing sector during the end of 2025.