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Here Comes Chinese Inflation...

Mamta Badkar   

Here Comes Chinese Inflation...
Stock Market1 min read

china inflation

Reuters

Chinese consumer and producer price data for August is out at 9:30 p.m. ET.

Economists polled by Bloomberg are looking for consumer prices to rise 2.6% year-over-year (YoY). This compares with a 2.7% YoY rise in July.

Meanwhile, producer prices are expected to fall 1.7% YoY, compared with a 2.3% fall the previous month.

PPI has been down for four straight months but economists believe that this has bottomed out. So it will be interesting to see which way this number moves.

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