China Consumer Price Index (MoM) registered at 0.5% above expectations (0.4%) in September

China Consumer Price Index (YoY) came at 1.6% in September, which is slightly below expectations of 1.7%, and represents lowest since November 2009. The number was well below the 3.5% government target. Meanwhile, China Producer Price Index (YoY) posted -1.8% vs -1.6% expected.