China October CPI -0.1% m/m (vs. expected +0.0%) ...Middle East

Inflation data from China doesn't dispel any of the fears of deflation. CPI fell m/m, by a tiny 0.1% admittedly. Still while many consumers across the world grapple with 'cost of living' worries Chinese consumers won't be complaining. The low inflation rate means authorities will not have to factor in rising prices to their considerations. The PPI m/m is 0% This article was written by Eamonn Sheridan at www.forexlive.com.

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