Chinese consumer prices were up 2.5% year-over-year in January.
This was modestly above expectations for a 2.4% rise and compares with a 2.5% rise the previous month.
Meanwhile, producer prices fell 1.6% YoY in line with expectations. This compares with a 1.4% fall the previous month.
Ahead of the release Adam Steinberg at Barclays expects that lower food inflation should help consumer prices moderate.
He also thinks weakening global commodity prices will make producer prices fall.
SEE ALSO: This Is How The Chinese Economic Disaster Scenario Could Unfold