China's December consumer inflation still high, not seen hindering PBOC easing
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BEIJING (Reuters) - China's consumer inflation steadied while factory-gate prices fell at a slower pace in December, giving Beijing room to stay the course on monetary easing as economic growth cools.Some investors have worried that consumer inflation, hovering near eight-year highs, could make China's central bank more cautious about further stimulus.China's consumer prices in December rose 4.5% from a year earlier, National Bureau of Statistics (NBS) data showed on Thursday, unchanged from..