China’s Inflation Weakened as Growth in Food Price Decelerated. Subdued Core CPI Evidenced Domestic Economy Not Yet Out of the Woods

<p>China’s headline CPI moderated to +1.7% y/y in September, from +2.4% a month ago. This has missed consensus of +1.9%. The weakness was mainly driven by pork inflation which slowed to +25.5% y/y, from +52.6% in August. This contributed about 0.7 percentage point to headline CPI’s moderation. Fresh vegetable prices, however, accelerated to +17.2% y/y […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/china-watch/333588-chinas-inflation-weakened-as-growth-in-food-price-decelerated-subdued-core-cpi-evidenced-domestic-economy-not-yet-out-of-the-woods/">China’s Inflation Weakened as Growth in Food Price Decelerated. Subdued Core CPI Evidenced Domestic Economy Not Yet Out of the Woods</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>