Economic calendar in Asia Monday, September 9, 2024 - Chinese inflation data for August ...Middle East

The Chinese inflation data are the focus of the data agenda. The y/y CPI is expected to have increased from July. If the 0.7% consensus median is hit it'll be the fastest rate of increase since February this year, which counts as progress for China. On Friday ex-PBOC Governor Yi Gang emphasised the importance of combatting deflationary pressure:“right now they should focus on fighting deflationary pressure”“ improve domestic demand ... successfully deal with the situation of the real estate market as well as the local government debt problem, and influence the confidence of society”More:Former PBOC Gov says China requires proactive fiscal policy, accommodative monetaryThis snapshot from the

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