China February CPI Inflation At 4.9%; PPI Inflation At 7.2%

(For February 2011)

China Consumer Price Index was up 4.9% in February, vs. 4.8% consensus and 4.9% January reading .

In line with expectations, I expect the monetary tightening will continue, but without the need for aggressive actions.

China Producer Price Index was up 7.2% vs. 7.0% consensus and 6.6% January reading. Running ahead of expectation, have to watch this closely.



This entry was posted on Friday, March 11th, 2011 at 4:05 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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