China August inflation: CPI 0.1% y/y (vs. expected 0.2%) & PPI -3.0% y/y (expected -3.0%)

China’s consumer-price index and producer-price index from the National Bureau of Statistics. • higher services prices (prices of air tickets, tourism and accommodation rose over the summer holiday season) dragged CPI up from its negative return in the previous month • neverthelss CPI came in…# #peoplebankofchina #mlf #lpr #loanprimerate
Source: Reuters: Health - Category: Consumer Health News Source Type: news