CPI y/y
Wednesday 10 June 2009 12:26am
- Actual-1.40%
- Forecast-1.30%
- Previous-1.50%
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;