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China’s CPI is forecast at a moderate 1.5% this year, leaving more room for monetary policies, the Securities Journal reported, citing analysts.

  • China Consumer Price Index: +0.2% Y/Y vs +0.1% expected

Key quotes

“A rebound in global demand later in the year and the rollout of vaccines against the Covid-19 virus will drive prices of energy and other commodities.”

“Although rising pork output will limit food inflation.”

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