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:
This article was originally published by Forexlive.com. Read the original article here.
#optionbuying #optionstrading#trading#nifty #scalping #sharemarket #shorts #ytshorts