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Chinese inflation is out for September and shows some strength with the CPI in at 1.9% and PPI at 0.1% and positive for the fist time since in five long deflationary years:
A have one word for you on this remarkable turnaround, dirt:
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The balance of risks suggest it will not last.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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