China’s Consumer Price Index (CPI) stagnated at 0% YoY in September after accelerating by 0.1% in August. The market expected an increase of 0.2%. Chi
China’s Consumer Price Index stagnated at 0% YoY in September after accelerating by 0.1% in August. The market expected an increase of 0.2%. Chinese CPI inflation rose to 0.2% over the month in September versus the 0.3% decrease seen in August and a rise of 0.3% anticipated.
China’s Producer Price Index dropped 2.5% YoY in September, compared with a 3.0% decline registered previously. The market forecast was for a 4.2% decline in the ninth month of the year. Market reaction At the time of writing,AUD/USDis a liitle affected by the key Chinese data release, keeping its range at around 0.6325, up 0.17% on the day.
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