BEIJING, Feb 10 (Reuters) - China’s producer prices in January rose 0.1% year-on-year, official data showed on Monday, marking the first pickup since May 2019.
Analysts had expected factory-gate prices to rise 0.1% from a year earlier, compared with a 0.5% drop in December.
Consumer prices rose 5.4% year-on-year compared with a 4.9% rise tipped by a Reuters poll of analysts and a 4.5% rise in December. The pace is the fastest since October 2011. (Reporting by Se Young Lee; Editing by Sam Holmes)