CHINA’S CPI INFLATION DROPS TO -0.5% YOY IN NOVEMBER VS. -0.2% EXPECTED
China’s inflation, as measured by the Consumer Price Index (CPI), fell 0.5% YoY in November from a 0.2% decline in October. The market consensus was for a decrease of 0.2%.
On a monthly basis, Chinese CPI inflation dropped 0.5% MoM in November versus a 0.1% decline seen in October and a fall of 0.1% estimated.
China’s Producer Price Index (PPI) dropped 3.0% YoY in November, as against a 2.6% decline in October. The data came in weaker than the market expectations for a 2.8% decline in the reported period.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.