CPI y/y
Thursday 09 August 2018 01:29am
- Actual2.1%
- Forecast2.0%
- Previous1.9%
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;