Chinese Price Dynamics Support Moderation Of Global Goods Inflation
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China’s CPI and PPI releases indicate that price pressures remained subdued in February. CPI inflation slowed from 2.1% y/y to 1.0% y/y, falling below expectations of a milder deceleration to 1.9% y/y. Meanwhile, factory-gate prices declined by 1.4% y/y –…
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