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April Inflation Out Soon

CHINA DATA

A reminder China inflation data is due for April in a few minutes. The market looks for 0.3% y/y on CPI, 0.7% prior (range of forecasts is 0.2 to 3.0%). For PPI the market expects a -3.3% y/y outcome versus -2.5% prior (range of forecasts is -2.0-3.9%).

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