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 July CPI Hits Five Month High At 0.5% Y/Y

MNI (Singapore)
MNI (Beijing)

China's Consumer Price Index rose 0.5% y/y in July to hit a five-month high, quickening from June’s 0.2% and beating the 0.3% consensus, data from the National Bureau of Statistics showed Friday.

Food prices remained flat from the same time last year, reversing June’s 2.1% fall. Pork prices rose by 20.4% while vegetables and eggs also increased amid hot and rainy weather. Non-food prices rose 0.7% due to base effects.

On a monthly basis, CPI rose 0.5%, reversing June's -0.2%, as fast increases in air tickets, tourism and hotels during the summer holiday added 0.24 percentage points.

PPI declined 0.8% y/y, unchanged from last month and marking the 22nd consecutive negative reading, but was in line with the market consensus of -0.9%. PPI fell 0.2% m/m, the same as June, driven by weak demand and falling international commodity prices, the NBS said.

DataCentral Bank NewsPolicy NewsPBOCAPACChinaData BriefBriefStoryData StoriesEM Policy NewsEM Policy StoryEM BriefEM EmailEM Central Bank NewsPeoples Bank of ChinaRegion
True
DataCentral Bank NewsPolicy NewsPBOCAPACChinaData BriefBriefStoryData StoriesEM Policy NewsEM Policy StoryEM BriefEM EmailEM Central Bank NewsPeoples Bank of ChinaRegion
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.