A preview of the CPI and PPI data due out this weekend from China
CPI y/y for December:
- expected is 1.6%, prior was 1.5%
PPI y/y for December
- expected is -5.8%, prior was -5.9%
Due at 0130GMT on January 9
LiveSquawk's Antony Barton has a preview up, you can read the full thing in the 'members' area there. Even if you're not a subscriber you can grab a generous free trial, here, and read it in full.
In (very) brief:
- China's overcapacity and the combination of domestic and global economic slowdown has led to inflation printing well short of the government's official 2015 target of 3.0%.
- Producer prices continue to feel the pressure generated by the global resources price slump.