China inflation for November is out and hit consensus more or less at 1.5% CPI and -5.9% PPI:
![Capture](https://www.macrobusiness.com.au/wp-content/uploads/2015/12/Capture75.png)
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:
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![tvc_2b45848c68f0e39b150bfc2aff817fe2](https://www.macrobusiness.com.au/wp-content/uploads/2015/12/tvc_2b45848c68f0e39b150bfc2aff817fe2.png)