The latest Chinese inflation data for December has been released with the consumer price index (CPI) rising more than expected, 0.2% instead of a flat result, mainly due to a reversal in food prices.
This arrests the decline seen in November, but the impact of COVID-19 is still being felt, with producer inflation (PPI) still in negative territory, down 0.4% although it is recovering since the depths of early 2020:
Latest posts by Chris Becker (see all)
- Chinese consumer inflation picks up at the end of 2020 - January 11, 2021
- Daily iron ore price update (port charge slog) - January 11, 2021
- Macro Morning - January 11, 2021
YOU MAY ALSO BE INTERESTED IN
China is shrinking, and is about to shrink more
I have noted previously how China's economy is
China shoots itself in foot with Aussie export ban
Karma continues to bite China in the backside,
Karma hits China after Aussie export ban
Karma has bit China in the backside, with its
How long can China keep building 14k skyscrapers per year?
That's the question that has plagued me for ten