1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

China CPI ticks higher in Nov, beats estimates

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Mumbai) - The consumer prices in the world’s second largest economy, China, ticked higher in Nov, coming in at 1.5% y/y against 1.3% booked in Oct. Markets had predicted an increase of 1.4% for Nov.

    The uptick in price pressures was mainly seen on the back of higher demand in health care, personal activities and transportation sector.

    While the PPI stood flat at -5.9% y/y in Nov, a tad better than -6.0% y/y expectations.
    For more information, read our latest forex news.
     

Share This Page