2 percent jump for 2014 a 4-year low, well below govt's 3.5 percent target

Inflation rebounded slightly in December, and the country saw a two-year low in factory gate prices, reflecting weakness in demand and further pressure on policy easing.

The December Consumer Price Index rose 1.5 percent from a year ago, up from 1.4 percent in November, driven by higher fresh food prices, the National Bureau of Statistics reported on Friday.