China January Consumer Price Inflation Slows Unexpectedly

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China's consumer prices rose 1.5% year-on-year in January, the National Bureau of Statistics said on Thursday, missing analyst expectations for a 2.1% increase following the 1.9% growth in the previous month.

On a monthly basis, the consumer price index rose 0.6% in January after a 1% upturn in December.

The statistical bureau also said that producer prices surged 4.3% annually in January. This came above expectations for a 3.5% inflation rate after the 1.7% increase in the preceding month.

China's consumer prices rose 1.5% year-on-year in January, the National Bureau of Statistics said on Thursday, missing analyst expectations for a 2.1% increase following the 1.9% growth in the previous month. (Market News Provided by RTTNews)