Inflation data from China headlines the calendar for today. The ‘expected that I have seen are:
- +0.2% for the y/y CPI
- and -5% y/y for the PPI
Low officially-reported inflation levels in China are no impediment to further stimulus measures, should authorities choose to go down this path. So far we’ve had minor monetary policy easing measures but blockbuster fiscal stimulus, that the market would really like to see, has been absent.
This
snapshot from the ForexLive economic data calendar, access
it here.
The
times in the left-most column are GMT.
The
numbers in the right-most column are the ‘prior’ (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
expected.