China Consumer Price Index (MoM) came in at 0.2%, below expectations (0.3%) in December

China's December CPI came at 2.1% y/y vs 2.3% exp and 2.3% last, while m/m CPI saw 0.2% vs 0.3% exp and 0.1% last. As per the PPI, it came at 5.5% y/y