China Posts Strong Inflation Data - Forex News by FX Leaders

China Posts Strong Inflation Data

Posted Monday, September 10, 2018 by
Rowan Crosby • 1 min read

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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About the author

Rowan Crosby // Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
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