China inflation and yuan weak again

Advertisement

China inflation for November is out and hit consensus more or less at 1.5% CPI and -5.9% PPI:

Capture

No real joy there for anyone. Certainly no sign of improvement in the industrial economy.

The yuan fixing is also up and its at its lowest since August again helping spread that deflation globally:

Advertisement
tvc_2b45848c68f0e39b150bfc2aff817fe2

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.