Chinese consumer prices rise 1.6% on year, below the 2.0% pace of August and expectations for a decline to 1.7%, with the reading the lowest seen since January...

David Scutt

Scutt Partners

Chinese consumer prices rise 1.6% on year, below the 2.0% pace of August and expectations for a decline to 1.7%, with the reading the lowest seen since January 2010. Ex-food prices rose 1.3%, the slowest pace of growth since April 2010. Food inflation, usually the greatest source of inflation, rose 2.3%, the equal-lowest level since October 2012. Producer prices fall 1.8% from a year earlier, a result again below forecasts for a drop of 1.6%. Plenty of room to implement stimulus, if indeed authorities deem it necessary. (VIEW LINK)


David Scutt
David Scutt
Independent Market Strategist
Scutt Partners

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

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