CPI rises 0.3 percent in July, ending four straight months of deflation.
NBS: 2018年7月份居民消费价格同比上涨2.1%
PPI rises only 0.1 percent in July.
NBS: 2018年7月份工业生产者出厂价格同比上涨4.6%
Macro Afternoon
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A mixed reaction to the slip on Wall Street overnight across Asian stock
markets with local stocks losing their risk on mood the most, while Chinese
shar...
Very interesting price increase. Are soybeans listed, or are they included under liangshi ?
ReplyDeleteIt's not broken out in the CPI report. Soymeal prices have held up in the futures market. #1 soybean in Dalian is holding up as well, but #2 soybean is down. There's also this from SCMP: Why China’s pork producers can survive without US soybean imports. That article discusses various protein replacements.
ReplyDeleteThanks!
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