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China CPI ticked up to 0.2% yoy in May, but PPI down -4.6% yoy

China CPI ticked up to 0.2% yoy in May, but PPI down -4.6% yoy
China CPI ticked up slightly from 0.1% yoy to 0.2% yoy in May, above expectation of 0.1% yoy. Core CPI, which excludes volatile food and energy prices, slowed from 0.7% yoy to 0.6% yoy. Food price rose 1.0% yoy, up from prior month’s 0.4% yoy. However, price for industrial consumer products dropped -1.7% yoy, worse […] The post China CPI ticked up to 0.2% yoy in May, but PPI down -4.6% yoy appeared first on Action Forex... Read More
Posted: Jun 9 2023, 05:23
Author Name: actionforex
Views: 110716

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