China’s CPI inflation steadies at 0.3% YoY in May vs. 0.4% expected

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China’s CPI inflation steadies at 0.3% YoY in May vs. 0.4% expected
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China’s Consumer Price Index (CPI) increased by 0.3% over the year in May, at the same pace as seen in April.

China ’sConsumer Price Index increased by0.3% over the year in May, at the same pace as seen in April. The reading missed expectations for a 0.4% growth in the reported period. Chinese CPI inflation came in at -0.1% MoM in May versus April’s 0.1% increase, worse than the 0% expected. China ’s ProducerPrice Index dropped 1.4% YoY in May, as against the previous decline of 2.5%. The market forecast was for a 1.5% decrease.

USD EUR GBP JPY CAD AUD NZD CHF USD 0.00% 0.02% -0.03% -0.02% -0.03% 0.02% 0.01% EUR -0.01% 0.01% -0.07% -0.06% -0.06% 0.00% 0.01% GBP -0.02% -0.01% -0.04% -0.06% -0.04% 0.02% 0.00% JPY 0.03% 0.07% 0.04% -0.02% -0.01% 0.03% 0.04% CAD 0.02% 0.06% 0.06% 0.02% -0.00% 0.07% 0.04% AUD 0.03% 0.06% 0.04% 0.00% 0.00% 0.06% 0.07% NZD -0.02% -0.00% -0.02% -0.03% -0.07% -0.06% -0.01% CHF -0.01% -0.01% -0.00% -0.04% -0.04% -0.07% 0.

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