Weekend news: China CPI -0.5% y/y vs -0.1% expected ...Middle East

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Weekend news: China CPI -0.5% y/y vs -0.1% expected
CPI -0.5% vs -0.1% Prior was -0.2%CPI m/m -0.5% vs -0.1% expectedPrior was -0.1% m/mThis report underscores how much space that China has for monetary policy easing but also underscores how sluggish the post-covid economy has been. Mixed in with that has been remarkably strong demand for iron ore, which is hard to square with a construction slowdown. As always, China's economy remains a mystery.PPI -3.0% y/y vs -2.8% expectedPrior PPI -2.6% y/y This article was written by Adam Button at www.forexlive.com.

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