China's consumer prices rise 0.2% in January, producer deflation softens
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China's consumer prices rose 0.2% year-on-year in January, a decrease from 0.8% in December and below the expected 0.4%. Monthly CPI also increased by 0.2%, matching December's rise but missing the forecast of 0.3%. Meanwhile, the producer price index fell 1.4% year-on-year, an improvement from a 1.9% decline in December, but still above the expected drop of 1.5%.
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