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    18.02.2016 10:20 Chinese consumer price index rises at annual rate of 1.8% in January

    The Chinese National Bureau of Statistics released its consumer and producer price inflation data for China on Thursday. The Chinese consumer price index (CPI) rose at annual rate of 1.8% in January, in missing expectations for a 1.9% increase, after a 1.6% gain in December.

     

    Food prices rose at an annual rate of 4.1% in January, while non-food prices increased 1.2%.

     

    On a monthly basis, consumer price inflation increased 0.5% in January, after a 0.5% rise in December.

     

    The Chinese producer price index (PPI) dropped 5.3% in January, beating expectations for a 5.4% fall, after a 5.9% decline in December.


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