Weakening Chinese inflation augurs growth slowdown

David Llewellyn-Smith

Wednesday 11 April 2018

Chinese inflation for March is out at 2.1 for the CPI and 3.1% for the PPI:

The internals show very price deflation across the raw material and basic industrial complex:

Indeed, on a monthly basis broad deflation has resumed:

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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.