Food inflation is higher and Property inflation is higher but the later comes with its own issues. Food prices are stronger but this alone will probably not stop easing given how the manufacturing sector is riddled with deflation. CPI is expected to come in at 2.5%, still below the PBOC`s 3.0% target but strong enough to slow the central bank`s injection of liquidity into the market. All eyes are focused on CPI on Monday, Trade Figures on Wednesday and GDP on Friday. ![]() March however did show signs of stabilization as both service sector and manufacturing PMI Indices showed signs of expansion. Trade figures were dreadful, showing the sharpest decline since 2008 and the continued weakness of global trade is a major threat to Beijing`s growth target. So far this quarter the numbers have been a hint mixed, Industrial Production and Retail Sales were weak at a time Infrastructure and Property investment was strong. ![]() The world`s financial community will focus on the upcoming Chinese economic data this week.
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