It’s a packed data agenda ahead, with the most interest lasered in on Chinese inflation data. Will deflation continue?
Inflation is not currently an issue in China, deflation is. The explanation offered up for negative inflation rates are the declines in food and energy prices, which had spiked. This explanation seems reasonable. Nevertheless, if there is contagion into core measures it’ll be more of a concern.
Apart from watching inflation in China another prominent worry is the extent to which monetary policy can be eased while the yuan is weak.
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.