China Posts Strong Inflation Data

CPI has shown a better than expected number, coming in at 2.3% vs 2.1% expected.


China has been in the headlines for the wrong reasons, but today we got some good news.

CPI has shown a better than expected number, coming in at 2.3% vs 2.1% expected.

While PPI was also strong, coming in at 4.1% vs 4.0% expected.

The AUD/USD is largely unchanged on the data.

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Dime Levov
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