China CPI inflation to increase markedly to 2.3% in February - Barclays
|The Barclays Research Team offers a brief preview of their expectations from the Chinese inflation due this Thursday at 0130 GMT.
Key Quotes:
“We expect CPI inflation to increase markedly to 2.3% from 1.5% in February, mainly due to a large increase in pork prices and higher oil prices.
We think PPI inflation will edge higher to 0.4% in March from 0.1% previously, as evidenced by the sizeable increase in manufacturing PMI input prices.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.