China December CPI Inflation At 4.1%; PPI Inflation At 1.7%

January 12th, 2012 by Belisarius

(For December 2011)

China Consumer Price Index was up 4.1% in December, vs. 4.0% consensus and 4.2% November reading. Food inflation rose from 8.8% to 9.1%..

China Producer Price Index fell to 1.7% from 4.2% in November. Consensus was at 2.1%.

To repeat: I believe Chinese monetary authorities will ease fast.

The chart looks king of worrying…PPI started falling so fast in 2008.

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This entry was posted on Thursday, January 12th, 2012 at 6:10 am and is filed under China, Commodities. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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