China's consumer and producer price inflation slowed in January, data from the National Bureau of Statistics cited by rttnews.

Consumer prices climbed 1.5 percent year-on-year in January, the weakest in four months, after rising 1.8 percent in December. The rate came in line with expectations.

Food prices fell 0.5 percent on year versus 0.4 percent drop a month ago. Meanwhile, non-food prices rose 2 percent following December's 2.4 percent rise.

Meanwhile, monthly inflation doubled to 0.6 percent from 0.3 percent in December.