China’s CPI falls back to 0.3% yoy, PPI down -2.9% yoy

In October, China’s CPI grew only 0.3% yoy, below the expected 0.4% yoy, and marking a slight drop from September’s 0.4% yoy. Core CPI, which excludes food and energy prices, rose marginally from 0.1% yoy to 0.2% yoy, suggesting minimal underlying inflationary momentum. Month-over-month, CPI fell by -0.3%, further indicating subdued domestic demand. Since March […]

The post China’s CPI falls back to 0.3% yoy, PPI down -2.9% yoy appeared first on Action Forex.