China's CPI up 2.3% y/y in March, vs prev 1.5%, the highest in 5 months, in line with expectations - PPI up 0.4% y/y, vs prev 0.1% growth, a 3 mo high | Forex Factory

  • China's CPI up 2.3% y/y in March, vs prev 1.5%, the highest in 5 months, in line with expectations - PPI up 0.4% y/y, vs prev 0.1% growth, a 3 mo high

Added at 9:02pm

  • China March inflation figures come in roughly in line with expectations

    From cnbc.com

    China’s producer price index (PPI) in March rose 0.4 percent from a year ago and was 0.1 percent higher from February, according to the country’s National Bureau of Statistics. Analysts polled by Reuters had expected March producer inflation to rise 0.4 percent on year. The consumer price index (CPI) in March rose 2.3 percent from a year earlier, just lower than the 2.4 percent rise predicted by economists Reuters polled. The March CPI increase was the fastest year-on-year pace since October 2018. The world’s second-largest economy is being closely watched for signs of damage stemming from the trade war between ... (full story)

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synotaxidae
Apr 10, 2019 11:24pm
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Quoting Guest
"The world’s second-largest economy is being closely watched for signs of damage". Are you making a trade deal with a country that hopes China to be damaged?? I'm with you, China, and with guanxi. I can't wait to see China selling treasuries to buy European bonds and European companies until to full ownership of them. Great days to China, bye!!
Except China wasn't born yesterday
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san99
Apr 10, 2019 8:49pm
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Market is so stupid to react positively to these cooked numbers
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Trader#7CB1
Apr 10, 2019 9:59pm
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"The world’s second-largest economy is being closely watched for signs of damage". Are you making a trade deal with a country that hopes China to be damaged?? I'm with you, China, and with guanxi. I can't wait to see China selling treasuries to buy European bonds and European companies until to full ownership of them. Great days to China, bye!!
Reply
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