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Here Comes Chinese Inflation...

Mamta Badkar   

Here Comes Chinese Inflation...
Stock Market1 min read

China pork

REUTERS/Jason Lee

China's latest inflation figures are out at 9:30 p.m. ET.

Economists polled by Bloomberg are looking for producer prices are expected to fall 1.5% year-over-year, compared with a 2% fall the previous month.

Meanwhile, consumer prices are expected to rise 2.4% YoY, compared with a 1.8% rise in April.

Chinese CPI will likely be driven by rising food, especially pork prices, Jian Chang and Serena Zhou at Barclays wrote ahead of the data release.

Here's a look at the recent drop in sow stock and the rise in prices:

china pork chart

Barclays

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