• prior was +3.5%

Added: Reuters have a recap up:

“Inflation will not be a big problem in the coming months and we expect monetary policy to stay neutral,” said Luo Wenbo, an economist at Xiangcai Securities in Shanghai.

And a look ahead:

On Tuesday, data on factory output, fixed-asset investment and retail sales will offer another gauge of how the economy is performing, just as leaders are expected to meet this week to set policy and reform priorities for 2014.