China CPI inflation to increase markedly to 2.3% in February - Barclays

Dhwani Mehta FXStreet

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.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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