China’s consumer inflation remained steady in May even as producer price pressures continued to build. CPI held unchanged at 1.2% yoy, falling slightly short of expectations for a 1.3% yoy increase, while core CPI edged down from 1.2% yoy to 1.1% yoy. The data suggest that despite rising costs at the factory gate, underlying consumer […]

The post China CPI unchanged at 1.2%, PPI Climbs to Highest Since 2022 appeared first on ActionForex.