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China Producer Price Index (PPI) YoY

China Producer Price Index (PPI) YoY

Actual: -3.7%
Forecast: -3.3%
Previous: -3.1%
Importance:
Release Date: Jun 10, 2020
Currency: CNY
Country: China
Source Of Report: National Bureau of Statistics of China

The Producer Price Index (PPI) measures a change in input prices of raw, semi-finished or finished goods and services. If input costs rise, some will be absorbed by the producer and some passed on to the consumer. Conversely, if input costs fall, some of the decline will be enjoyed as wider profit margins by the producer and some will be passed on to the consumer in the form of lower prices. Because PPI impacts consumer prices, it is watched by central bankers as part of fulfilling their mandate of price stability.

A reading that is stronger than forecast is generally supportive (bullish) for the CNY, while a weaker than forecast reading is generally negative (bearish) for the CNY.

Release Date Actual Forecast Previous
Jul 09, 2020 (Jun) -3.2% -3.7%
Jun 10, 2020 (May) -3.7% -3.3% -3.1%
May 12, 2020 (Apr) -3.1% -2.6% -1.5%
Apr 10, 2020 (Mar) -1.5% -1.1% -0.4%
Mar 10, 2020 (Feb) -0.4% -0.3% 0.1%
Feb 10, 2020 (Jan) 0.1% 0.1% -0.5%

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