China’s Consumer Price Index (CPI) rose at an annual pace of 0.6% in August after reporting a 0.5% growth in July.
China ’sConsumer Price Index rose at an annual pace of 0.6% in August after reporting a 0.5% growth in July. The market consensus was for a 0.7% increase in the reported period. Chinese CPI inflation came in at 0.4% MoM in August versus July’s 0.5% acceleration, worse than the 0.5%estimate. China ’s ProducerPrice Index declined 1.8% YoY in August, following a 0.8% drop in July. The data came in worse than the market forecast of -1.4%.
The RBA can also use quantitative easing and tightening to influence credit conditions, with the former AUD-negative and the latter AUD-positive. How does the health of the Chinese Economy impact the Australian Dollar? China is Australia’s largest trading partner so the health of the Chinese economy is a major influence on the value of the Australian Dollar .
Inflation Economicindicator CPI AUDUSD
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan’s National CPI climbs 2.8% YoY in July, Core CPI rises as expectedJapan’s National Consumer Price Index (CPI) climbed 2.8% YoY in July, compared to the previous reading of 2.8%, according to the latest data released by the Japan Statistics Bureau on Friday, Further details unveil that the National CPI ex Fresh food arrived at 2.7% YoY in July versus 2.6% prior.
Read more »
EUR/GBP strengthens above 0.8550 as UK CPI inflation eases to 2.2% YoY in July=The EUR/GBP cross edges higher to near 0.8570 during the early European session on Wednesday.
Read more »
Australia’s monthly CPI inflation rises to 3.5% YoY in July vs. 3.4% expectedAustralia’s monthly Consumer Price Index (CPI) jumped by 3.5% in the year to July, compared to a 3.8% increase seen in June, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.
Read more »
Japan Inflation: Tokyo Consumer Price Index rises 2.6% YoY in August vs. 2.2% priorThe headline Tokyo Consumer Price Index (CPI) for August rose 2.6% YoY, compared to a 2.2% rise in the previous reading, the Statistics Bureau of Japan showed on Friday.
Read more »
Thai August headline CPI rises 0.35% y/y, just below forecastThai August headline CPI rises 0.35% y/y, just below forecast
Read more »
Weekly Horoscope: August 11 - August 17See what this weekly horoscope has in store for you, and why you should tread lightly this week in your relationships.
Read more »