China's CPI up 1.5 pct in January

China's consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in January, lifted by a rise in non-food and service prices.

The rate was down from December's 1.8 percent, according to the National Bureau of Statistics (NBS) Friday.

On a monthly basis, the index was up 0.6 percent, higher than the 0.3-percent in the previous month.

NBS statistician Sheng Guoqing attributed the growth mainly to rising non-food and service prices, which climbed 2 percent and 2.3 percent year on year, respectively.

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China's producer price up 4.3 pct in January

China's producer price index (PPI), which measures costs for goods at the factory gate, rose 4.3 percent year on year in January, the National Bureau of Statistics said Friday.

It was down from a growth of 4.9 percent recorded in December, according to the bureau.