Chinese inflation begins to spread

Thursday, 9 November 2017

Chinese inflation for October and out and has begun the spread. The CPI came in at 1.9% and PPI at 6.9%:

Producer inflation has begun to spread from raw materials into the manufacturing production chain with chemicals. rubbers, papers and textiles warming up:

The consumer is till OK but take pork out and there’s some building pressures here too:

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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.