China CPI did its annual Spring Festival spike, but it was particularly pronounced this year with a 1.2 percent increase in February alone. Eggs rose 22.5 percent yoy in February and are up 18.5 percent YTD yoy. Healthcare costs are up 6.0 percent YTD.
NBS: 2018年2月份居民消费价格同比上涨2.9%
The PPI fell 0.1 percent in February.
NBS: 2018年2月份工业生产者出厂价格同比上涨3.7%
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
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