- CPI -0.5% vs -0.1%
- Prior was -0.2%
- CPI m/m -0.5% vs -0.1% anticipated
- Prior was -0.1% m/m
This report underscores how a lot house that China has for financial coverage easing but additionally underscores how sluggish the post-covid economic system has been. Blended in with that has been remarkably robust demand for iron ore, which is tough to sq. with a building slowdown. As at all times, China’s economic system stays a thriller.
- PPI -3.0% y/y vs -2.8% anticipated
- Prior PPI -2.6% y/y
This text was written by Adam Button at www.forexlive.com.
