Free Trial
JGBS

Futures Coil Ahead Of 5-Year Supply

AUD

A$ Recovers Ground

GOLD

A Little Higher In Asia

AUSSIE BONDS

Looking Through RBA Minutes

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
MNI (Singapore)

China's June consumer price index slowed to 1.1% y/y from 1.3% in May, though less than forecast 1.3%. The deceleration was mainly attributed to falling food prices led by declining pork prices, according to the National Bureau of Statistics.

Inflation eased 0.4% m/m as the rising supply depressed pork, fruit, and vegetable prices, compared to May's m/m decline of 0.2%. Core CPI, excluding food and energy prices, was up 0.9% y/y in June, same as last month.

Producer price index measuring factory gate prices rose 8.8% y/y, compared with May's near 13-year high of 9.0% gain, in line with the forecast 8.8%. PPI rose 0.3% m/m, decelerating from 1.6% reported last month, as policies to ensure supply and stabilize prices had curbed the rapid price increase of steel and non-ferrous metals.

True

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.