Analysts at Nomura point out that China’s PPI inflation fell further to 3.3% y-o-y in October from 3.6% in September, consistent with market expectations (Nomura: 3.5%; Consensus: 3.3%). Key Quotes “The slowdown was again due to continued weakness in domestic demand and a high base last year (PPI inflation was 0.4% m-o-m compared to 0.7% m-o-m in October 2017).” “PPI inflation in upstream sectors moderated broadly: in the raw material and processing sectors it fell to 6.7% y-o-y and 2.5%, respectively, from 7.3% y-o-y and 2.9% in September, while in the mining sector it edged up by a moderate 0.7 percentage points (pp) to 12.4% y-o-y.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD struggles near daily lows, below mid-0.7200s ahead of US data FX Street 4 years Analysts at Nomura point out that China's PPI inflation fell further to 3.3% y-o-y in October from 3.6% in September, consistent with market expectations (Nomura: 3.5%; Consensus: 3.3%). Key Quotes "The slowdown was again due to continued weakness in domestic demand and a high base last year (PPI inflation was 0.4% m-o-m compared to 0.7% m-o-m in October 2017)." "PPI inflation in upstream sectors moderated broadly: in the raw material and processing sectors it fell to 6.7% y-o-y and 2.5%, respectively, from 7.3% y-o-y and 2.9% in September, while in the mining sector it edged up by a moderate 0.7… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
