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January Headline Inflation Holds at 3.8%, Underlying Rises

China's headline inflation held steady at 3.8% in January, matching December's rate, while underlying inflation rose slightly, surpassing market expectations.

Headline inflation in China remained at 3.8% in January, unchanged from December. The figure was higher than analysts had forecasted.

Underlying inflation, which excludes volatile food and energy prices, edged up slightly, also exceeding expectations.