CPI y/y
Saturday 09 July 2011 01:30am
- Actual6.40%
- Forecast6.30%
- Previous5.50%
Source : National Bureau of Statistics
Currency : CNY (Chinese Yuan Renminbi)
Information
-
Effect
Real greater than expected is good for the currency
-
Abbreviation Explanation
Consumer Price Index (CPI);
-
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;