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Chinese CPI +1.9% in September Y/Y, in line and the slowest pace in two years, and vs 2% in...
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Monday, October 15, 2012, 2:58 AM ETChinese CPI +1.9% in September Y/Y, in line and the slowest pace in two years, and vs 2% in August. September PPI -3.6% vs -3.5% in August and consensus of -3.4%. A government statistics official says the easing inflation will probably continue into Q4. "We haven't seen any signs of rapid recovery (in the economy), so there are few factors to substantially drive prices higher," says Pan Jiancheng.
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" *** giving room for more stimulus." Markets are now hyper focused on that "new hope."
stimulus money before and after the Golden Week will probably stimulate inflation.