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Here's what's on the economic calendar in Asia, Wednesday 11 January 2023: China inflation

CPI and PPI y/y data from China for the month of December are published today. These are likely to remain subdued. A report from China Beige Book International (CBBI) this week, based on a survey of 4,300+ businesses showed:

Q4 2022 (October - December) had the weakest growth in wages and input costs since mid-2020
sales price growth fell to its lowest since late 2020
“Short-term disinflation is already here, with sales price growth slowing to a crawl”
“Th... Read More

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Posted: Jan 10 2023, 21:15

Author Name: forexlive

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