Global Macro Perspectives
China Consumer Price Index was up 3.4% in April, vs. 3.4% consensus and 3.6% March reading. Food inflation rose fell from 7.5 to 7.0%.
China Producer Price Index fell to -0.7% from -0.3% in April. Consensus was at -.5%.
The chart looks outright bad.
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%.
China Consumer Price Index was up 4.2% in November, vs. 4.5% consensus and 5.5% October reading. Food inflation eased from 11.9% to 8.8%..
China Producer Price Index fell to 2.7% from 5.0% in October. Consensus was at 3.4%.
China Consumer Price Index was up 6.1% in September, vs. 6.1% consensus and 6.2% August reading. Food inflation remained unchanged at 13.4%.
China Producer Price Index was fell to 6.5% from 7.3% in August. Consensus was at 6.9%.
China Consumer Price Index was up 6.2% in August, vs. 6.2% consensus and 6.5% July reading. Food inflation moderated from 14.8% in July to 13.4% in August.
China Producer Price Index was up 7.3% vs. 7.2% consensus and 7.5% July reading.
Judging from recent data it is possible that inflation has peaked for this year.
China Consumer Price Index was up 6.5% in July, vs. 6.4% consensus and 6.4% June reading. Food inflation jumped 14.8%, up from June’s 14.4%. The government’s target for the year was at 4%.
China Producer Price Index was up 7.5% vs. 7.5% consensus and 7.1% June reading. This suggests rising CPI.
Difficult position for China, the economy is slowing down and inflation is rising.
China Consumer Price Index was up 5.5% in May, vs. 5.2% consensus and 5.3% April reading.
China Producer Price Index was up 6.8% vs. 6.8% consensus and 6.8% April reading.
Strong PPI suggest that the inflation will not come down so fast.
The POBC rose the reserve requirement after the CPI release (to 21%(21.5% for large institutions and 19.5% for small and medium-sized institutions)).
China Consumer Price Index was up 5.3% in April, vs. 5.2% consensus and 5.4% March reading. Food CPI edged lower from 11.7% y-o-y to 11.5% y-o-y; Non-food CPI remained at 2.7% y-o-y.
China Producer Price Index was up 6.8% vs. 7.0% consensus and 7.3% March reading. Declining which is a good sign for the CPI.
Overall, PBOC efforts to contain inflation are catching up.
China Consumer Price Index was up 5.4% in March, vs. 5.2% consensus and 4.9% February reading. Both food and non-food CPI’s were higher, at 11.7% y-o-y and 2.7% y-o-y, respectively vs. 11.0% y-o-y and 2.3% y-o-y in February. Services CPI also rose to 4.2% y-o-y vs. 3.8% y-o-y in February, pointing to slight (for the time being) wage-driven inflation pressure.
China Producer Price Index was up 7.3% vs. 7.2% consensus and 7.2% February reading. This suggests rising CPI.
More tightening ahead.
China Consumer Price Index was up 4.9% in February, vs. 4.8% consensus and 4.9% January reading .
In line with expectations, I expect the monetary tightening will continue, but without the need for aggressive actions.
China Producer Price Index was up 7.2% vs. 7.0% consensus and 6.6% January reading. Running ahead of expectation, have to watch this closely.
China Consumer Price Index was up 4.6% in January, vs. 5.4% consensus and 4.6% December reading . Lower food price inflation has pushed the number lower. The CPI basket was changed (less food in it, more housing), but as far I can tell this didn’t change the reading much.
This is quite positive, I expect the monetary tightening will continue, but without the need for aggressive actions.
China Producer Price Index was up 6.6% vs. 6.2% consensus and 5.9% December reading.
China Consumer Price Index was up 4.6% in August, right at the consensus. November reading was at 5.1%. Most significant contribution to inflation deceleration came from lower food price inflation.
China Producer Price Index was up 5.9% vs. 5.7% consensus and 6.1% November reading.
CPI number looks kind of tweaked, nevertheless the inflation should again pick up in January on increased fuel prices and seasonal effects (Lunar New Year is latter this year).
** China NDRC Property Price Index ** China Trade Balance; Export & Import Growth ** China Monetary Aggregates ** China New Loan Issuance ** Consumer & Producer Price Indexes ** China Retail Sales Growth ** China Fixed Assets Investment **
(For September 2010) China Consumer Price Index was up 3.6% in September, again right at the consensus. August reading was at 3.5%. China Producer Price Index was up 4.3% in September, same as in August. Consensus was at 4.1%. Again, most of the consumer price increase came from food. Both of the inflation measures rose significantly on m-o-m […]
(For August 2010) China Consumer Price Index was up 3.5% in August, right at the consensus. June reading was also at 3.5%. China Producer Price Index was up 4.3% in August vs. 4.5% consensus and 4.8% July reading. Again, most of the consumer price increase came from food. PPI eased again on a year level, but […]