China CPI Inflation In August At 3.5%; China PPI Inflation In August At 4.3%

(For August 2010)

China Consumer Price Index was up 3.5% in August, right at the consensus. June reading was also at  3.5%. China Producer Price Index was up 4.3% in August vs. 4.5% consensus and 4.8% July reading.

Again, most of the consumer price increase came from food. PPI eased again on a year level, but rose on monthly level (which means no serious impact on the industrial cost structure).

Chart 1. Producer & Consumer Price Indexes

Source: Bloomberg

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This entry was posted on Monday, September 13th, 2010 at 6:26 am and is filed under China. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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