Chinese inflation rose more than expected in August

Market news

10 September 2018

Chinese inflation rose more than expected in August

Consumer prices in China were up 2.3 percent on year in August, according to rttnews.

That exceeded expectations for 2.1 percent, which would have been unchanged from the July reading.

The bureau also said that producer prices jumped an annual 4.1 percent. That also topped forecasts for 4.0 percent and was down from 4.6 percent in the previous month.

The volume of both petroleum and chemical product manufacturing sales dropped in the June 2018 quarter, Stats NZ said today

Japan: Eco Watchers Survey: Outlook, August 51.4 (forecast 50.5)

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