Strong Inflation Could Affect PBOC’s Policy to Stimulate Growth; Trade Data Suggests China Continues to Suffer from Trade War

<p>Headline CPI in China rose to +3% y/y in September, reaching PBOC’s target for first time since December 2013. However, this was driven by elevated pork price rather than improvement in household spending. Food price jumped +11.2%, accelerating from +10% in August. This was predominantly driven by pork price which soared +69.3% y/y in September. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/china-watch/241693-strong-inflation-could-affect-pbocs-policy-to-stimulate-growth-trade-data-suggests-china-continues-to-suffer-from-trade-war/">Strong Inflation Could Affect PBOC’s Policy to Stimulate Growth; Trade Data Suggests China Continues to Suffer from Trade War</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>