Free Trial

China June PPI Seen Easing from 13-Year High: Journal

CHINA PRESS
MNI (Beijing)

A surge in China's producer price index may begin to slow in June from May's nearly 13-year high of 9%, as commodity prices may ease amid the government's increased interventions, the China Securities Journal reported citing analysts. The actual production and inventory of industrial products are sufficient to meet demand, which has been weakening, so the rallying product prices cannot be supported in the near future, the newspaper said citing CICC analysts. PPI may decelerate to 8% in June, the newspaper said citing analysts. CPI may also ease in H2 as pork prices weaken, the journal cited CICC analysts as saying.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.