Chinese June inflation y/y in line with exp, monthly reading a slight miss

Ivan Delgado Independent Analyst

China CPI for the month of June came at 1.5% y/y, which is in line with Reuters' 1.5% expectations, while the m/m data came at -0.2% vs -0.1% expected. As per the PPI, it stood at 5.5 % y/y, also bang on expectations. The results are a neutral input for the Aussie, barely moved after the economic data.

Author

Ivan Delgado

Independent Analyst

Established in the Asian continent since 2009, Ivan studied a degree in Business at the University Pompeu Fabra (Barcelona), while also earning a postgraduate degree in Business Administration.

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