Comment on What Tonight's Chinese Inflation Data Will Tell Us About The Economy

What Tonight's Chinese Inflation Data Will Tell Us About The Economy

Consumer and producer prices for November are out at 8:30 p.m. ET. Analysts polled by Bloomberg expect consumer prices to rise 2.1 percent, and producer prices to fall 2 percent. Bank of America's Ting Lu expects consumer prices to rise 2.1 percent because of a lower year-over-year base against which it is being compared, and because of a recent uptick in food prices: "By breakdown, we estimate MoM food inflation to rise to 0.3% from -0.8% in October on seasonally higher (just slightly higher) vegetable prices due to cold weather.

 

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