China CPI
China CPI YoY falls to 1.6% from 2.1% last month
  • CPI will 1.6% versus 1.6% expected. Last month 2.1%
  • CPI MoM -0.2% versus -0.2% expected. Last month +0.1%
  • PPI -1.3% versus -1.4% expected. Last month -1.3%
  • PPI +0.1% MoM
  • China says over food CPI +3.7% from a year ago. Nonfood CPI +1.1%

No major surprises from the inflation data out of China.