menu search

China December inflation data: CPI 1.8% y/y & PPI -0.7% y/y

China December inflation data: CPI 1.8% y/y & PPI -0.7% y/y

Inflation data from China.

China December CPI 1.8% y/y

  • expected 1.8%, prior 1.6%
  • for the m/m 0.0%

PPI -0.7% y/y

  • expected -0.1%, prior -1.3%
  • for the m/m, -0.5%

Very tame CPI - this is no impediment to the People's Bank of China easing policy further. With all the premises coming from Chi9nese authorities on further support for the economy more from the PBOC does seem likely.

---

Read More

Posted: Jan 12 2023, 01:30
Author Name: forexlive
Views: 111540

Search within

Pages Search Results: