Chinese consumer price index April 10, 2015:
- Prior reading was -1.4% y/y
- Prices down 0.5% m/m vs 0.6% exp
- Prior m/m reading was -0.6%
- PPI -4.6% vs -4.8% exp
A touch on the strong side isn't what you're looking for if you want the PBOC to ease.
For more on what the report could mean, check out: China CPI could push PBOC toward easing but it's no sure thing.
China CPI y/y
Chinese Q1 GDP is due next week and there is talk of a rate cut if it's weak.