CPI y/y
Friday 09 April 2021 01:30am
- Actual0.4%
- Forecast0.3%
- Previous-0.2%
Source : National Bureau of Statistics
Currency : CNY (Chinese Yuan Renminbi)
Information
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Effect
Real greater than expected is good for the currency
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Abbreviation Explanation
Consumer Price Index (CPI);
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Release Date Details
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to respond by raising interest rates;