China September CPI 0.7% y/y (expected 0.9%) PPI 10.7% (expected 10.5%)

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China CPI 0.7% y/y vs. expected 0.9% y/y, prior 0.8%PPI 10.7% y/y expected 10.5% y/y, prior 9.5%   PPI fastest gain since 1995 For the m/m numbers, CPI 0.0% and PPI 1.2%The solid rises in wholesale prices are have so far not been passed on to consumers. this will pressure industry profits and in turn business capex ahead. Yesterday was this:The CPI level is not standing in the way of this. --Background  to this: Invest in yourself. See our forex education hub. Source link
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