China's CPI m/m a tad firmer in September, beats estimates

Dhwani Mehta FXStreet

China's Consumer Price Index (MoM) (September) came in at 0.5% vs 0.4% exp and 0.4% last, while Consumer Price Index (YoY) (September) was 1.6% vs 1.6% exp and 1.8% last.

Meanwhile, China’s Producer Price Index (YoY) (September) arrived at 6.9% vs 6.3% exp and 6.3% last.

Better Chinese price pressures data appear to have limited impact on the Aussie, with the spot meandering near session lows at 0.7869.

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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