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The Chinese CPI remains weak, up 0.3% in January and down 0.8% year on year:
It is broad-based:
The PPI is worse, still falling month on month and over the year:
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Again broad-based:
The early year period is usually the strongest for inflation, but we are getting distortions from last year’s early LNY, so take it all with a grain of salt.
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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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