BEIJING—China’s factory-gate inflation slowed for a seventh straight month in January to its weakest pace since September 2016, raising concerns the world’s second-biggest economy may see the return of deflation as domestic demand cools.
Consumer inflation, meanwhile, eased in January from December to a 12-month low due to slower gains in food prices, official data showed on Feb. 15, despite the Lunar New Year holiday, which typically pushes up demand for food.