-
Softer-than-expected June inflation continues to bolster the case for easing in China
China's June CPI inflation edged down to 0.2% YoY, down slightly from 0.3% YoY, and coming in weaker than forecasts for a slight uptick to 0.4% YoY. Inflation has been very flat in the last four months, fluctuating between 0.1-0.3% YoY. In month-on-month terms, June's CPI inflation dropped to -0.2%, and inflation has now seen two consecutive months of decline. This month's slightly softer read came on the back of several factors: Food prices (-2.1% YoY) saw a sharper-than-expected decline in June. This was due to a larger drag from fresh vegetables (-7.3%), fresh fruits (-8.7%), as well as beef (-13.4%) and mutton ... (full story)
- Comments
- Subscribe
-
- Older Stories
From foxbusiness.com|Jul 10, 2024The Biden Administration is on the verge of securing an important victory in its crackdown on cryptocurrency. A resolution that would remove regulatory roadblocks for traditional ...
From bnnbloomberg.ca|Jul 10, 2024Standard Chartered Plc’s crypto subsidiary Zodia Markets Ltd. is in talks to acquire part of a digital-asset business backed by billionaire hedge fund manager Alan Howard, people ...
From thebaltimorebanner.com|Jul 10, 2024An online cryptocurrency influencer known as “Bitcoin Rodney,” who is charged with running a multibillion-dollar scam, was ordered Tuesday detained pending trial. Rodney Burton ...
-
- Newer Stories
From thestar.com.my|Jul 10, 2024The digital-asset exchange of Singapore’s largest listed bank is looking to attract more investors by beefing up what it offers, including a stablecoin listing and yield-earning ...
From stockinvestor.com|Jul 10, 2024Three cryptocurrency investments to buy can be obtained at a discount in the wake of a recent five-month low in the price of Bitcoin. The three cryptocurrency investments to buy ...
From blog.commonwealth.com|Jul 10, 2024June was a good month for markets, with most indices up in the low- to mid-single digits. The S&P 500 and Nasdaq hit new highs during the month, and bond returns were positive due ...
- Story Stats
- Posted: Jul 10, 2024 2:10am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,610
- Linked event:
