China Inflation Rate YoY
Recreation, Education and Culture Articles make up 13.8%, transport and communication make up 10%, Healthcare and Personal Articles make up 9.6%, Clothing makes up 8.5%, Household Facilities, Articles, and Services makeup 5.6%, and Tobacco, Liquor, and Articles make up the remaining 3.5%. Every five years, the CPI basket is re-evaluated using household polls. According to the National Bureau of Statistics, the revisions reflect changes in spending patterns as well as economic development. In the year 2011 was made the most recent revision.
A higher than expected figure should be seen as positive (bullish) for the CNY while a lower than expected figure should be seen as negative (bearish) for the CNY.
News (CNY)
China Manufacturing Sector Accelerates In April - Caixin
The manufacturing sector in China continued to expand in April, and at a faster pace, the latest survey from Caixin said on Tuesday with a manufacturing PMI score of 51.4.
RTTNews | 2 days ago
China Manufacturing PMI Slows To 50.4 In April - NBS
The manufacturing sector in China continued to expand in April, albeit at a slower pace, the National Bureau of Statistics said on Tuesday with a manufacturing PMI score of 50.4.
RTTNews | 2 days ago
China Keeps Lending Rates Unchanged As Expected
China maintained its benchmark lending rates unchanged as expected after the economy showed signs of improvement at the start of the year. At a monthly fixing on Monday, the People's Bank of China kept the one-year loan prime rate at 3.45 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.95 percent.
RTTNews | 10 days ago
