January CPI inflation slows

• Published 11 Feb 2010

China's Consumer Price Index (CPI), measure of inflation, moderated to a 1.5% rise in January year on year, down from December's 1.9% advance. The Producer Price Index (PPI), which measures mainly the prices of production inputs, was up 4.3% year on year, compared to a 1.7% rise in December. The two new figures reduce pressure on Beijing to tighten monetary policy at an early date but also indicate that the tussle to control inflation is not over.