Economic calendar in Asia Monday, December 9, 2024 - China inflation data ...Middle East

November 2024 inflation data is due from China today, and it comes in the context of weak Consumer Price Index (CPI) and deflationary Producer Price Index (PPI). In October, China's CPI increased by 0.3% year-on-year, slightly down from September's 0.4% rise. This marked the ninth consecutive month of consumer inflation (rather than deflation), with October's figure being the lowest since June. On a monthly basis, the CPI declined by 0.3%, following a flat reading in September.The Producer Price Index (PPI), which reflects factory gate prices, fell by 2.9% year-on-year in October, deepening from a 2.8% decline in September. This represented the 25th consecutive month of PPI contraction, indi

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