Some China price indexes MoM and YoY negative…
Chinese CPI (Y/Y) Jun: 0.0% (est 0.2%; prev 0.2%)
— LiveSquawk (@LiveSquawk) July 10, 2023
- CPI (M/M): -0.2% (est 0.0%; prev -0.2%)
- PPI (Y/Y): -5.4% (est -5.0%; prev -4.6%)
They keep cutting their rates…
People's Bank of China cuts key short-term policy rate by 10 basis points, from 2% to 1.9% pic.twitter.com/FQuMpXTatx
— TRT World Now (@TRTWorldNow) June 13, 2023
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