⚠️BREAKING:
*CHINA CPI INFLATION -0.7% Y/Y, EST. -0.4%
*CHINA PPI INFLATION -2.2% Y/Y, EST. -2.0%
🇨🇳🇨🇳
Discussion
Is this good or bad?
Bad for the US if I'm not mistaken. Theirs populace is living better because the yen is getting stronger. Dollar weakens.
Or I could be dead wrong. Dyor
They will probably need to print.
It means, both inflation indicators (CPI and PPI) show that prices in China are falling more than expected.