May inflation data from China
Consumer price index
– Prior +2.3% y/y (unrevised)
– -0.5% m/m
Producer price index
– PPI -2.8% y/y vs -3.2% exp
– Prior -3.4% y/y (unrevised)
These numbers are beginning to open a window for the PBOC to do more.
May inflation data from China
Consumer price index
– Prior +2.3% y/y (unrevised)
– -0.5% m/m
Producer price index
– PPI -2.8% y/y vs -3.2% exp
– Prior -3.4% y/y (unrevised)
These numbers are beginning to open a window for the PBOC to do more.