【财经看点】中国1月CPI增速回升 PPI连续47个月下滑

China's consumer prices rose for a third consecutive month in January, signaling easing deflationary pressure. The CPI, a main gauge of inflation, grew 1.8 percent year on year in January, up from a rise of 1.6 percent in December. The rise is mainly thanks to rising food prices, which account for one-third of the CPI calculation, edging up 4.1 percent year on year. Pork prices jumped significantly at 18.8 percent, contributing significantly to CPI growth. Meanwhile, China's producer prices continued to drop in January but the contraction eased notably, also signaling less deflationary pressure. The PPI, which measures wholesale inflation, dropped 5.3 percent year on year in January, marked the 47th straight month of decline.