Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Consumer Price Index (MoM) was 0.4% against a forecast of 0.3%.
Recent economic data has been strongly bullish for CNY. Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Industrial Production (YoY) | Bullish change | 4.5% | 5.2% | ||
| Retail Sales (YoY) | Bearish change | 0.6% | 0.4% | ||
| Consumer Price Index (YoY) | Bullish change | 0.5% | 0.8% | ||
| Producer Price Index (YoY) | Bullish change | 3.5% | 3.8% |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | National Bureau of Statistics of China |
| Category: | Inflation |
| Frequency: | Monthly |