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China Jan CPI 1.7 pct y/y (est 1.9pct, prev 1.9pct) China Jan PPI 0.1 pct y/y (est 0.3pct, prev 0.9pct) - AUD/USD Softens To 0.7087 From 0.7097
China Jan CPI 1.7 pct y/y (est 1.9pct, prev 1.9pct)
— LiveSquawk (@LiveSquawk) February 15, 2019
China Jan PPI 0.1 pct y/y (est 0.3pct, prev 0.9pct)
AUD/USD Softens To 0.7087 From 0.7097
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China's inflation slows in January
China's Consumer Price Index missed expectations in January coming in at 1.7 percent higher than a year ago, the National Bureau of Statistics said on Friday. Economists polled by Reuters were expecting CPI to come in at 1.9 percent higher on year. December CPI — a gauge of prices for goods and services — rose 1.9 percent over the same period. Meanwhile, producer inflation rose 0.1 percent from a year ago, compared with a 0.2 percent rise expected by economists polled by Reuters. December PPI rose 0.9 percent on-year. The data comes as a new round of talks in Beijing this week as the world's two largest economies ... (full story)