China's inflation picking up in January

FXStreet (Bali) - China's January CPI (YoY) came at 2.5% vs 2.4% expected and a prior of 2.5%, with the monthly reading at 1% vs 0.7% expected and 0.3% previous. Meanwhile, China's January PPI stood at -1.6% vs -1.6% expected and -1.4% last. The data is a positive in input for the Australian Dollar short term.