MNI China Daily Summary: Wednesday, July 10

MNI BRIEF: China To Investigate EU Trade Actions

MNI BRIEF: China June CPI Hits Three Month Low

MNI: PBOC Conducts CNY2 Bln Via OMO Weds; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

MNI: PBOC Sets Yuan Parity Higher At 7.1342 Weds; -0.53% Y/Y

MNI: US MBA: MARKET COMPOSITE -0.2% SA THRU JUL 05 WK

US MBA: REFIS -2% SA; PURCH INDEX +1% SA THRU JULY 5 WK

Indeed Wages Tick Higher, But Future Revisions Are Likely

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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Japan Mar CPI -0.1% Y/Y; Energy Falls Easier

JAPAN DATA
MNI (Singapore)
  • Japan's national average core consumer price index (excluding fresh food) declined 0.1% y/y in March, easing from the previous fall of 0.4% y/y.
  • Energy fell 4.3% y/y, decelerating from last month's 7.2% y/y fall, contributing -0.34 percentage points to CPI.
  • The underlying inflation rate measured by the core-core CPI (excluding fresh food and energy) edged up 0.3% y/y, accelerating from the previous 0.1% y/y increase.
  • Prices for ex-perishables stayed unchanged, the same as in February.
  • Prices for household spending rose 4.4% y/y, and prices for accommodation wiped off the negative growth in March.
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