China's consumer prices fell 0.7% year-on-year in February, a 13-month low, exceeding the expected 0.5% drop and reversing January’s 0.5% rise. Producer deflation also continued, down 2.2% year-on-year,

The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.

Chinas consumer price index (CPI) fell 0.7% in February, marking the steepest decline in 13 months and reversing Januarys 0.5% rise. The drop exceeded economist forecasts of a 0.5% decline, reflecting weak domestic