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Chinese PPI Inflation Continues Higher

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 9, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Chinese inflation data showed a further increase in producer prices in May (Chart 2). PPI increased 0.5% m/m in May, the third monthly increase, driving the annual rate up to -2.8% (consensus -3.2% y/y) from -3.4% y/y in April. Deflation pressure has thus changed to inflation pressure at the producer[​IMG]

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