Asian equities were mostly lower overnight as Pakistan and Thailand outperformed and Hong Kong and Indonesia underperformed.

China's consumer inflation accelerated to its fastest in five months in January while producer price deflation persisted, reflecting mixed consumer spending and weak factory activity. Deflationary pressures are likely to persist in China this year,

China’s consumer inflation accelerated for the first time since August, caused by a burst of household spending around the Lunar New Year holiday even as deflationary pressures persist.

Chinas consumer inflation picked up in January, driven by increased demand during the Lunar New Year holiday, according to government data. The Consumer Price Index (CPI) rose 0.7% month-on-month, marking the

China’s consumer inflation accelerated in January as food and service prices climbed ahead of the Lunar New Year holiday, official data showed Sunday.

China's inflation rose at its fastest pace in five months, driven by holiday spending, which is expected to be a continued source of encouragement for European consumer stocks. View on euronews

China’s annual inflation rate surged to 0.5% in January 2025 from 0.1% in December, above market consensus of 0.4%. This marked the highest figure since August 2024, driven by seasonal effects from the Lunar New Year at the end of the month.