China November CPI Inflation At 4.2%; PPI Inflation At 2.7%

(For November 2011)

China Consumer Price Index was up 4.2% in November, vs. 4.5% consensus and 5.5% October reading. Food inflation eased from 11.9% to 8.8%..

China Producer Price Index fell to 2.7% from 5.0% in October. Consensus was at 3.4%.

I believe Chinese monetary authorities will ease fast.


This entry was posted on Friday, December 9th, 2011 at 10:04 am and is filed under China, Commodities. 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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