China CPI 0.7% y / y vs expected 0.9% y / y, ahead 0.8%
PPI 10.7% y / y
- expected 10.5% y / y, before 9.5%
- The fastest PPI gain since 1995
For m / m numbers, IPC 0.0% and IPP 1.2%
The sharp increases in wholesale prices have so far not been passed on to consumers. this will put pressure on industry profits and, in turn, on future business investments.
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