Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.
The most recent announced value for Consumer Price Index (MoM) was -0.7% against a forecast of -0.2%.
Recent economic data has been broadly neutral for CNY. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Price Index (YoY) | Bearish change | 1.3% | 1% | ||
| Producer Price Index (YoY) | Bullish change | -0.9% | 0.5% | ||
| RatingDog Services PMI | Bearish change | 56.7 | 52.1 | ||
| RatingDog Manufacturing PMI | Bearish change | 52.1 | 50.8 | ||
| NBS Manufacturing PMI | Bullish change | 49 | 50.4 | ||
| NBS Non-Manufacturing PMI | Bullish change | 49.5 | 50.1 |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | National Bureau of Statistics of China |
| Category: | Inflation |
| Frequency: | Monthly |