Chinese inflation remains crazy narrow

David Llewellyn-Smith

Monday 16 October 2017

Chinese inflation is out and the CPI is still soft at 1.6% while the PPI is wildly overheated at 6.9%:

The producer inflation pulse is slightly more broad than earlier in the stimulus boomlet but not much:

It’s moved from steel and energy to metals and energy.

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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.