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Category Archives: China Inflation/Deflation
Foxconn to hike prices to cover pay increase
Foxconn Technology Group, which makes iPhones and other gadgets for global technology companies, is seeking to charge its customers more to partly cover wage increases at its mammoth manufacturing compound in southern China. The extent of price hikes will differ … Continue reading
China CPI Growth to Slow Down in June
(…) Lu Zhengwei, veteran economist with the Industrial Bank, told the Economic Observer that based on prices in the first three weeks of June and historic trends, the month-on-month decrease of June’s CPI may range from 0.3 to 0.6 percent. … Continue reading
China CPI Up 3.1% in May
CPI rose 3.1% YoY in May, up from 2.8% in April. Food prices increased 1.8% while non-food prices rose 1.6% and services prices increased 1.8%. Clothing prices fell 1.2%, while residence expenses, primarily public utility charges, rose 5% YoY. On … Continue reading
China Food Prices Decline
In China, food prices account for one third of the weighting of consumer price index (CPI), a main gauge of inflation. During the May 21-30 period, vegetable prices in these cities had dropped. Prices of cabbages fell 7.5 percent, celery … Continue reading
China April CPI up 2.8%
China’s CPI rose 2.8% YoY in April, up from 2.4% in March For the first four months, China’s CPI rose 2.4% YoY. The official target for inflation this year is 3%. Food prices make up about a third of China’s … Continue reading
CHINA: COOLING OR OVERHEATING?
FT’s China Confidential thinks the odds are better for a soft cooling off. For continuous monitoring of China’s economy, hit CHINA WATCH in the Spotlights section top left on the main page of my blog. (…) According to our research, … Continue reading
China’s PPI up 5.2% in Q1, 5.9% in March
China’s producer price index (PPI) increased by 5.2% YoY in the first quarter of 2010. March PPI rose 5.9% YoY. Chart from China Daily
China Posts 11.9% Growth in Q1
No surprise here: China’s economy expanded 11.9% from a year earlier in the first quarter of 2010, up from the 10.7% gain in Q4 2009. The WSJ calls this “a risky recovery”, probably envious given that the US economy faces … Continue reading
CHINA PMI, NEW ORDERS STRONG
Q1/10 GDP should be 11%+! At 57.0, the headline HSBC China Manufacturing PMI™ rose to its third–highest level in the survey history during March, pointing to a marked improvement of operating conditions in the Chinese manufacturing economy. For Q1 2010 … Continue reading
CHINA: DROUGHT BRINGS FOODFLATION
Rising inflation is a major concern in China. Recent stats showed that the higher Chinese CPI readings were mainly due to rising food prices and many analysts expect food prices to moderate. But … Southwest China’s drought has caused the … Continue reading
Asia’s Demand Pull Inflation
India, where prices were flat in mid-2009, this week reported a year-on-year rise in its wholesale prices index, the most watched measure, to 9.89 per cent from 8.6 per cent the previous month. China said last week consumer prices jumped … Continue reading
The Return of Chinese Inflation
China putting the brakes on while other countries have yet to see meaningful recovery in final demand. Caution! In case you wonder whether Chinese authorities will seriously fight inflation, read Wen Links Inflation to Communist Party Future. The Ft editorial … Continue reading
Posted in ***CHINA WATCH, COMMODITIES, China Inflation/Deflation
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