MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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Scotiabank Say Core Price Growth Point To Another 25BP Hike

PERU
  • Peru’s BCRP will likely roll out another quarter-point increase given stubbornly-high inflation which has failed to decelerate as fast as had been anticipated by the central bank. Core prices growth posted a new cycle high in data published earlier this month, although the overall headline CPI increase was significantly lower than expected.
  • Their economists note that although the low inflation in January suggests the possibility that the BCRP might consider the start of a pause in the rate hike cycle, they would not be surprised by an increase of 25bps at its next meeting on February 9, since it seems to us that the factors that explained the low month inflation seem temporary and because core inflation continues to rise.
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