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Sunday, November 10, 2019

Weekend inflation data from China - CPI up (7 year high) PPI down

China's consumer price index (CPI) hit at 7 year high at  3.8% y/y in October, vs. 3% the previous month - Pork prices continued gaining amidst the swine flu epidemic. Core CPI (excludes food and energy prices) gains were not as dramatic. PPI down 1.6% y/y vs. down 1.2% in Sep. This will continue to be a

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