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Chinese inflation better than expected

10 Feb 2020 11:23 AM

Chinese producer prices index rose in January by 0.1% on yearly basis, as official data showed today. this consider the first pick since May 2019.

all expectations was referring to a rise by 0.1% on yearly basis compared to drop in December by 0.5%.

on other side, consumer prices index rose by 5.4% on yearly basis compared to expectations of rising by 4.9% and a rise by 4.5% in December. this consider the fastest pace of rising since October 2011.