CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: China CPI Dips 0.2% In October, Below Expectations

MNI (Singapore)
MNI (Beijing)

China's Consumer Price Index fell by 0.2% in October to mark a three-month low, while the Producer Price Index -- a measure of factory-gate inflation -- dropped further, data from the National Bureau of Statistics showed Thursday.

The decline in October CPI has exceeded a market consensus of -0.1%, which compared to a flat reading in September. Food costs fell by 4% in October, further declining from September's 3.2% fall, led by the significant drop in pork prices. This dragged down the overall CPI by 0.75 pp. On a monthly basis, CPI fell 0.1%, compared to September's 0.2% gain.

The PPI declined by 2.6% y/y, weighed by a higher comparison base on the same period last year, expanding from September's 2.5% drop, though outperforming the consensus of a 2.7% decline. PPI was unchanged on a monthly basis, compared with September's 0.4% gain.

Policy NewsCentral Bank NewsPBOCAPACChinaBriefStoryRegion
True
Policy NewsCentral Bank NewsPBOCAPACChinaBriefStoryRegion
True

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.