Inflation indicator points to stagnant Chinese economy

David Llewellyn-Smith

Tuesday 15 October 2019

Stagnant rather than falling. The CPI is warm at 3%:

But it is all food especially pork:

For the more important PPI it is pure stagnation with no price pressures for eight months:

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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.