China’s Consumer Price Index (CPI) rose 0.5% over the year in July after reporting a 0.2% increase in June.
China ’sConsumer Price Index rose 0.5% over the year in July after reporting a 0.2% increase in June. The market expected a growth of 0.3% in the reported period. Chinese CPI inflation arrived at 0.5% MoM in July versus June’s 0.2% decline, better than the 0.3% forecast. China ’s ProducerPrice Index dropped 0.8% YoY in July, at the same pace as seen in June. The data came in above the market consensus of -0.9%.
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 .
AUDUSD Inflation Economicindicator CPI
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 holds steady at 2.8% YoY; Core CPI rises less than expectedJapan's headline National Consumer Price Index (CPI) held steady and came in at the 2.8% YoY rate for June.
Read more »
Japan Inflation: Tokyo Consumer Price Index rises 2.2% YoY in July vs. 2.3% priorThe headline Tokyo Consumer Price Index (CPI) for July rose 2.2% YoY, compared to a 2.3% rise in the previous reading, the Statistics Bureau of Japan showed on Friday.
Read more »
Eurozone Preliminary HICP inflation edges higher to 2.6% YoY in July vs. 2.4% expectedThe Eurozone Harmonized Index of Consumer Prices (HICP) rose at an annual rate of 2.6% in July after reporting a 2.5% growth in June, the official data released by Eurostat showed Wednesday.
Read more »
RBNZ Sectoral Factor Inflation Model rises 3.6% YoY in Q2 2024The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the second quarter of 2024, following the release of the official Consumer Price Index (CPI) by the NZ Stats early Wednesday.
Read more »
Taylor Swift ‘Eras Tour’ tickets for under $100: Where to buy tickets to see her in GermanyThe pop star will perform in Hamburg July 23 and July 24, 2024.
Read more »
Mexico EV Sales Report: 90% Growth YoY in June Brings EV Market Share to 2.5%!Mexico EV Sales Report: 90% growth YoY in June brings EV Market Share to 2.5%!
Read more »