The Numbers
Beijing’s Focus Remains Downside Growth Risks, Not Price Pressures
Chinese producer prices accelerated to 9.0% y/y in July, above expectations PPI would remain at 8.8%. Similarly, core CPI rose to a 18-month high of 1.3% y/y from 0.9%. Policymakers are unlikely to respond to signs of price pressures. First, the…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.