China Data – Inflation Slowed Markedly on Food Price; Trade Surplus Widened as Exports Growth Strongly

China’s inflation moderated in October. Headline CPI eased sharply to +0.5% y/y, from +1.7% a month ago. The decline was mainly driven by food price, of which growth decelerated to +2.2% from September’s +7.9%. Non-food price actually stayed flat at 0%, while core CPI also steadied at +0.5%. Concerning food price, the deceleration was due […]

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