China CPI slows more than expected in November, re-acceleration seen

Consumer price inflation in Asia's largest economy slowed more than expected last month, weighed down by falls in food prices, but economists expected it would recover in 2018. Indeed, some believed markets were underestimating that risk. At the weekend, China's National Bureau of Statistics reported that the rate of advance in consumer price slipped from 1.9% in October to 1.7% for November (consensus: 1.8%). According to Freya Beamish at Pantheon Macroeconomics, the food component probably ...

Den vollständigen Artikel lesen ...