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China Economic Update: CPI and PPI
The Chinese CPI (Consumer Price Index) rose by +4.5% on a year-over-year basis in January. This was ahead of the consensus estimate for a reading of +4.1% as well as December’s annualized reading of +4.1% (November: +4.2%).
China’s PPI (Producer Price Index) grew by +0.7% over the past year, which was below the consensus expectation for a rate of +0.8% and last month’s reading of +1.8% (Nov: +2.7%)
iShares Xinhua China 25 - Last 12 Months
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