China Inflation Pressures Slow As Commodity Crunch Eases
By Tyler Durden, Thanks to various measures by the government to increase supplies of commodities (and simultaneously crack down on speculation), Chinese inflation pressures eased significantly in December. Chinese producer prices rose 10.3% YoY, slowing dramatically from November’s 12.9% and well below economists’ forecasts of a 11.3% gain. Chinese consumer prices increased just 1.5% YoY, […]
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