China April CPI Inflation At 3.4%; PPI Inflation At -0.7%

(For April 2012)

China Consumer Price Index was up 3.4% in April, vs. 3.4% consensus and 3.6% March reading. Food inflation rose fell from 7.5 to 7.0%.

China Producer Price Index fell to -0.7% from -0.3% in April. Consensus was at -.5%.

The chart looks outright bad.


This entry was posted on Friday, May 11th, 2012 at 6:07 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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