China’s Consumer Price Index (CPI) rose at an annual pace of 0.2% in June, compared to a 0.3% increase in May.
China ’sConsumer Price Index rose at an annual pace of0.2% in June, compared to a 0.3% increase in May. The market forecast was for a 0.4% growth in the reported period. Chinese CPI inflation came in at -0.2% MoM in June versus May’s 0.1% decline, worse than the -0.1% expected. China ’s ProducerPrice Index fell 0.8% YoY in June, as against the previous drop of 1.4%. The data matched the market expectations of -0.8%.
The RBA can also use quantitative easing and tightening to influence credit conditions, with the former AUD-negative and the latter AUD-positive. How does the health of the Chinese Economy impact the Australian Dollar? China is Australia’s largest trading partner so the health of the Chinese economy is a major influence on the value of the Australian Dollar .
Inflation CPI Economicindicator AUDUSD
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan's National CPI rises 2.8% YoY, but Core CPI rises less than expectedJapan's National Consumer Price Index (CPI) rose on an annualized basis, with headline CPI inflation climbing 2.8% YoY versus the previous print of 2.5%.
Read more »
Japanese Tokyo CPI inflation ticks higher in June, rises to 2.3% YoY from 2.2%Japanese Tokyo Consumer Price Index (CPI) inflation rose to 2.3% over the year ended in June compared to the previous period's 2.2%.
Read more »
Australia’s monthly CPI inflation ticks up to 4.0% YoY in May vs. 3.8% expectedAustralia’s monthly Consumer Price Index (CPI) jumped by 4.0% in the year to May after recording a 3.6% increase in April, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.
Read more »
China’s CPI inflation steadies at 0.3% YoY in May vs. 0.4% expectedChina’s Consumer Price Index (CPI) increased by 0.3% over the year in May, at the same pace as seen in April.
Read more »
Eurozone Preliminary HICP inflation falls to 2.5% YoY in June, as expectedThe Eurozone Harmonized Index of Consumer Prices (HICP) rose 2.5% in the year through June, higher than a 2.6% growth registered in May, the official data released by Eurostat showed Tuesday.
Read more »
Live Coverage: CPI inflation set to rock Gold, US Dollar stocks ahead of the Fed dot plotSuper Wednesday is here – the Consumer Price Index (CPI) inflation report is set to show an increase of 0.3% in core CPI and a minor decrease in core CPI YoY to 3.5%.
Read more »