China Consumer Price Index (MoM) registered at 0.3%, below expectations (0.4%) in January

China's CPI for the month of January came at +0.3% vs 0.4% exp and 0.3% prior, while the YoY stood at +0.8% vs 1% exp and -1.5% prior. The produce price index was also weaker-than-expected, at -4.3% vs -3.8%.