Similar Stories to What Tonight's Chinese Inflation Data Will Tell Us About The Economy on Bing News

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.

BING NEWS:
  • Chinese Stocks Close Lower After Inflation Data Show More Weakness
    Chinese shares ended mostly lower, with the Shanghai Composite Index flat at 3402.53. The Shenzhen Composite Index fell 0.35% and the ChiNext Price Index ended 0.8% lower. China released November ...
    12/8/2024 - 8:36 pm | View Link
  • China Inflation Data Signals Continued Demand Weakness
    China’s consumer price growth slowed in November, while its factory-gate prices extended declines, suggesting persistent weak domestic demand despite Beijing’s policy push. China’s consumer-price ...
    12/8/2024 - 1:02 pm | View Link
  • Chinese Consumer Inflation Slows Despite Stimulus Efforts
    China’s consumer inflation decelerated in November, in a sign government efforts to support the economy and sentiment haven’t been enough to turn around the weak demand.
    12/8/2024 - 12:54 pm | View Link
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