CHINA CONSUMER PRICES RISE 1.0% ON MONTH IN JANUARY

Consumer prices in China were up 1.0 percent on month in January, the National Bureau of Statistics said on Wednesday - in line with expectations following the 0.7 percent increase in December.

On a yearly basis, consumer prices fell 0.3 percent - shy of expectations for a flat reading following the 0.2 percent gain in the previous month.

The bureau also said that producer prices rose 0.3 percent on year in January - missing forecasts for an increase of 0.4 percent after sinking 0.4 percent a month earlier.

News are provided by InstaForex