China inflation data for May: CPI 2.7% y/y (expected 2.7% ) and PPI 0.6% y/y (expected 0.6%

Author: Eamonn Sheridan | Category: News

Chinese May month 2019 inflation 

CPI 2.7% y/y , in line with the central esitiamte and its highest since Feb of 2018.
  • expected 2.7% y/y, prior 2.5%
  • 0.0% change m/m
PPI 0.6% y/y, in line
  • expected 0.6% y/y, prior 0.9%
  • +0.2% m/m
  Food CPI +7.7% y/y - I mentioned earlier 9a reminder ewlly) how higher pork prices are impacting on this component. 

Non food is +1.6% y/y, much more subdued at the core measure. 

more to come  
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