Review of China’s June Macro Data (Inflation, FX Reserve, Trade Balance and Credit

Review of China’s June Macro Data (Inflation, FX Reserve, Trade Balance and Credit

Inflation Headline CPI in China climbed +0.1 percentage point to +1.9% y/y in June, in line with expectations. On monthly basis, inflation contracted -0.1%, compared with consensus of a +0.1% increase. Yet, this is the smallest contraction since March this year. In June, food price registered modest recovery (+0.3% y/y vs May’s +0.1%) for the […]

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