China's CPI y/y softens in Jan, but matches estimates

Dhwani Mehta FXStreet

China's Consumer Price Index (MoM) (January) came in at 0.6% vs 0.7% exp and 0.3% last, while Consumer Price Index (YoY) (January) was 1.5% vs 1.5% exp and 1.8% last.

Meanwhile, China’s Producer Price Index (YoY) (December) arrived at 4.3% vs 4.3% exp and 4.9% last.

Mixed Chinese price pressures data appear to have little impact on the Aussie, with the spot keeping its range near 0.7880 levels.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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