China state planner in inflation - expects a continued reasonable range

Comments from the National Development and Reform Commission of the People's Republic of China (NDRC)

• Higher inflation in August was mainly due to short-term factors
• CPI and PPI will continue to be in a reasonable range

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As I've banging on about for months now, there will be no nasty economic surprises/news from China ahead of and during the National Congress:

• China's Communist Party Congress begins October 18
• 5 things to watch for at the Chinese Communist Party Congress

I posted this earlier on Barclay's China outlook:

• Barclays weigh in on where to for the yuan

And, still to come today from China:

• Heads up for China data due today - credit creation

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