China inflation: consumer, factory-gate price growth slowed in January

Source: China – South China Morning PostChina’s improving consumer and factory-gate inflation outlook continued last month, data released on Wednesday showed.The official consumer price index (CPI) rose by 0.9 per cent in January from a year earlier, down from a rise of 1.5 per cent in December, the National Bureau of Statistics (NBS) said.This was below the expectations of analysts in a Bloomberg survey, who had predicted a slowdown to 1 per cent growth last month.Food prices fell by 3.8 per cent from a year earlier, down from a…Read More

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