CH PPI y/y
It's a leading indicator of consumer inflation - when producers pay and charge more for goods the higher costs are usually passed on to the consumer;
- CH PPI y/y Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 11, 2024 | -1.4% | -1.5% | -2.5% |
May 10, 2024 | -2.5% | -2.3% | -2.8% |
Apr 10, 2024 | -2.8% | -2.8% | -2.7% |
Mar 8, 2024 | -2.7% | -2.5% | -2.5% |
Feb 7, 2024 | -2.5% | -2.6% | -2.7% |
Jan 11, 2024 | -2.7% | -2.6% | -3.0% |
Dec 8, 2023 | -3.0% | -2.8% | -2.6% |
Nov 8, 2023 | -2.6% | -2.7% | -2.5% |
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- CH PPI y/y News
Chinese consumer price index inflation grew less than expected in May as consumption remained largely languid in the face of an uncertain economic recovery. But producer price index inflation shrank at a slower-than-expected pace- marking its smallest contraction since February 2023 amid signs of a sustained recovery in the industrial sector. CPI rose 0.3% year-on-year in May, data from the National Bureau of Statistics showed on Wednesday. The reading was weaker than expectations for a rise of 0.4% and remained unchanged from the ...
The market got caught leaning the wrong way. The weakness in April's high-frequency US data encouraged participants to push the US two-year yield to its recent floor near 4.70% and took the 10-year yield to two-month lows, slightly above 4.25%. The Dollar Index was driven below the uptrend line drawn off the December 2023 and March and May 2024 lows. We have argued that while the US economy is slowing, the April data seemed to overstate the case, and the May jobs data will likely set the broad tone of other real sector data. The ...
US CPI data and Fed to determine the dollar’s fate - Will the BoJ signal that another rate hike is looming? - Pound traders await UK employment and GDP numbers - RBA hike bets shrink ahead of AU jobs and China CPI data
China’s consumer prices rose in April for a third straight month, while producer prices extended declines, suggesting resilient domestic demand, despite a shaky economic recovery. The closely watched numbers follow official surveys showing cooling factory and services activity, as concerns rise about economic growth losing momentum, weighed down by a protracted housing downturn, boosting the case for more policy support. The consumer price index (CPI) edged up 0.3% in April from a year earlier, accelerating from a rise of 0.1% in ...
China’s Consumer Price Index (CPI) rose 0.1% YoY in March after reporting a 0.7% growth in February. The market forecast was for a 0.4% increase. Chinese CPI inflation came in at -1.0% over the month in March versus February’s 1.0% rise, much worse than the 0.5% decline expected. China’s Producer Price Index (PPI) fell 2.8% YoY in March, compared with a 2.7% drop seen previously. The data matched expectations for a 2.8% decrease in the reported period. Market reaction to Chinese inflation data AUD/USD is unperturbed by the mostly ...
China’s consumer prices rose for the first time since August, breaking a contraction streak that has put growth potential in the world’s second-largest economy under pressure. The consumer price index increased 0.7% in February from a year earlier, according to the National Bureau of Statistics on Saturday, rebounding from the biggest drop since 2009 in January. The gain was higher than analysts’ estimates of a 0.3% gain in a Bloomberg survey. Producer prices fell 2.7%, continuing the longest string of declines since 2016. “I think ...
China’s commodities markets are heading into the Lunar New Year break on a glum note, with deflation embedded on both the consumer and producer sides of the economy. Agricultural goods were at the forefront of the steepest decline in consumer prices since 2009, according to Bloomberg Economics, after the fall in food costs widened to 5.9% year-on-year in January from a 3.7% drop in December. The outlook for pork, which has a heavy weighting in the basket of goods measured, is particularly gloomy. Grain markets face similar issues ...
Consumer prices in China fell last month at the fastest pace since the global financial crisis. The producer price index also fell. Helen Qiao, chief Greater China economist at BofA Global Research, discusses what the latest figures say about the state of the economy and its outlook.
Released on Jun 11, 2024 |
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Released on May 10, 2024 |
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Released on Apr 10, 2024 |
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Released on Mar 8, 2024 |
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Released on Feb 7, 2024 |
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