China PPI slowed to 8.8% yoy in Feb, CPI unchanged at 0.9% yoy

China PPI slowed from 9.1% yoy to 8.8% yoy in February, above expectation of 0.8% yoy. Senior National Bureau of Statistics statistician Dong Lijuan said, PPI was “affected by the increased commodity prices globally such as crude oil and non-ferrous metals”. CPI was unchanged at 0.9% yoy, above expectation of 0.8% yoy. affected by the […]

The post China PPI slowed to 8.8% yoy in Feb, CPI unchanged at 0.9% yoy appeared first on Action Forex.