Free Trial

China Consumer Inflation To Rise Moderately in 2022: Journal

CHINA PRESS
MNI (Singapore)

China’s CPI is expected to rise moderately this year from 2021’s 0.9% gain, as pork prices enter an upward cycle and higher energy and raw material prices further affect consumer prices, the China Securities Journal reported citing analysts. PPI will continue to ease from the 8.1% gain in 2021 as commodity prices had peaked, the newspaper said. CPI and PPI are seen at 2.5% and 5.0% in 2022, respectively, with the gap between the two largely narrowing which will help ease the cost pressure of downstream manufacturers, the newspaper said citing a report by the Chinese Academy of Social Sciences.

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.