Chinese Consumer Price Index for the year 2020 May to May 2021 arrived at 1.3% vs the expected 1.6%; and the previous 0.9%.
Month on month, the data for May arrived at -0.2% vs the expected -0.1% and previous -0.3%.
Meanwhile, the Chinese Producer Price Index for the same year came in at 9.0% (exp 8.5%; prev 6.8%)
This was the fastest pace of rising since 2008.
More to come…
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