View full page at forexfactory.com

 

Chinese Inflation Gathers Pace in November; Factory Gate Prices Surge 3.3%

From economiccalendar.com

Measures of Chinese inflation strengthened further in November, signs of improving demand in the world’s second-largest economy. China’s consumer price index (CPI) advanced 2.3% from a year ago, after climbing 2.1% in October, the National Bureau of Statistics said in a report on Friday. A median estimate of economists called for a 2.2% year-over-year gain. Compared to October, consumer prices rose 0.1%, matching forecasts. That followed a 0.1% decline the previous month.. A separate indicator of factory-gate prices known as the producer price index (PPI) soared 3.3% in the 12 months through November, well above ... (full story)

Story Stats

  • Posted:
  • Category: Medium Impact Breaking News