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China M2 Money Supply (YoY) registered at 8%, below expectations (8.5%) in June - TMGM trading
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China M2 Money Supply (YoY) registered at 8%, below expectations (8.5%) in June TMGM trading
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China April CPI 1.2% y/y (expected 0.8%, prior 0.1%)
The desk interprets the April CPI data from China as a significant indicator of rising inflationary pressures, which could influence monetary policy decisions. Per the full note [source], the year-on-year CPI came in at 1.2%, surpassing expectations of 0.8% and marking a notable increase from the previous 0.1%. This uptick, alongside a PPI of 2.8% year-on-year—the highest in 45 months—suggests a potential shift in the economic landscape that traders should monitor closely.