Chinese inflation booms, don’t worry about it

Wednesday 10 November 2021

Mwahaha. Chinese inflation is out and producer prices have overshot impressively:

However, the rises remain very narrow and focused on commodities which are now crashing so October may well be the peak:

Price rises crept in the CPI:

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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.