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Essentials Daily Insights

Underlying Inflationary Pressures Remain Muted In China

公開日

  Although Chinese headline CPI inflation increased from 2.5% to a 2-year high of 2.7% in July, the details of the release suggest that the PBoC (unlike many of its global peers) does not face pressure to tighten policy. In particular, a 6.3% y/y…

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