PPI Overstates China’s Inflationary Pressures
公開日
Chinese producer prices surprised to the upside in May, jumping to a 13-year high of 9.0% y/y from 6.8% y/y, above the expected 8.5% y/y. Meanwhile, inflationary pressures were much more muted for Chinese consumers. The 12.0% increase in the producer…
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