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Chinese CPI +2% Y/Y vs. +1.8% in July and in-line with consensus. Inflation increase fueled by...

  • Sunday, September 9, 2012, 3:44 AM ET
    Chinese CPI +2% Y/Y vs. +1.8% in July and in-line with consensus. Inflation increase fueled by the price of food, which was +3.4% vs. +2.4% in July. August PPI signals deflation, falling 3.5% vs. -2.9% in July and consensus of -3.2%. Fixed-asset investment in non-rural areas +20.2% in Jan-Aug vs. +20.4% in Jan-July.
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