Indicator Spotlight
Chinese Inflation: Moderate Easing Will Not Be Enough
Chinese deflationary pressures intensified in November, with CPI ticking down to 0.2% y/y from 0.3% in October. Producer prices deflation eased, with prices falling 2.5% y/y, less than -2.9% y/y a month prior. The weak data prompted a Politburo statement…
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