Data due from China over the coming weekend - inflation for May. (Preview)

China May CPI and PPI data due at 0130GMT on 9 June 2018

CPI

• expected 1.8%, prior 1.8%

PPI

• expected 3.9%, prior 3.4%

Preview, this via Nomura, just a quickie:

• CPI inflation is likely to rebound as high-frequency data suggest some pick-up in food price inflation.
• We expect a continued rise in PPI inflation, partly due to a low base last year and in line with the improvement of price-related subindices in the official manufacturing PMI.