China August CPI Inflation At 6.2%; PPI Inflation At 7.3%

(For August 2011)

China Consumer Price Index was up 6.2% in August, vs. 6.2% consensus and 6.5% July reading. Food inflation moderated from 14.8% in July to 13.4% in August.

China Producer Price Index was up 7.3% vs. 7.2% consensus and 7.5% July reading.

Judging from recent data it is possible that inflation has peaked for this year.

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This entry was posted on Friday, September 9th, 2011 at 6:37 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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