Logo 12 May 2022

Data dump – inflation

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China’s stats bureau released the inflation data for April on Wednesday.

The headlines:

The consumer price index (CPI) rose 2.1% y/y in April, up from 1.5% in March.The producer price index (PPI) increased 8.0% y/y in April, down from 8.3% y/y growth in March.

Producer price growth is star...