China's producer prices fell for the 16th consecutive month in January, declining by 2.5% from a year earlier. Meanwhile, consumer prices saw their Biggest Drop since 2009, falling by 0.8% on an annual basis. The decline in prices highlights the challenges faced by Beijing in re-inflating the economy. Factors contributing to the decline include oversupply in the pork market and a slump in the property market. The deflationary pressures in China's economy have been ongoing for over a year, leading to concerns about the possibility of deflation.

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