China CPI for May +2.1% y/y (expected 2.2%) & PPI +6.4% y/y (expected 6.4%)

China inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term figures for May 2022

China CPI 2.1% y/y

• expected 2.2% y/y, prior 2.1%

• -0.2% m/m (expected -0.3%, prior +0.4%)

PPI 6.4% y/y

• expected 6.4% y/y, prior 8.0%

• +0.1% m/m

US CPI data is due later on Friday. There is MUCH more focus on this than the China figures:

This snapshot from the ForexLive economic data calendar, access it here.

The times in the left-most column are GMT.

The numbers in the right-most column are the 'prior' (previous month) result. The number in the column next to that, where is a number, is the consensus median expected.