China's April CPI y/y upbeat, but PPI disappoints

China's Consumer Price Index (MoM) (April) came at 0.1% vs 0% exp and -0.3% last, while Consumer Price Index (YoY) (April) was 1.2% vs 1.1% exp and 0.9% last.

Meanwhile, China’s Producer Price Index (YoY) (April) arrived at 6.4% vs 6.7% exp and 7.6% last.

Mixed Chinese price pressures data appear to have little impact on the Aussie, with the spot keeping its range near 0.7355, up 0.20% on the day.

China Producer Price Index (YoY) below expectations (6.9%) in April: Actual (6.4%)

China Producer Price Index (YoY) below expectations (6.9%) in April: Actual (6.4%)
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China PPI decelerates; AUD/USD keeps the bid tone

The deceleration in the Chinese Producer Price Index (PPI), also known as the factory-gate prices, showed the wheels are coming off the ‘global reflat
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