China CPI: YoY actual 0.2% (forecast 0.2%, previous 0.1%, AUD steady – by fx_ross CPI China AUDUSD
AUD is unchanged vs the US Dollar on the data at 0.6707 currently on the release.About the Consumer Price Index. It is a measure of retail price variations within a representative basket of goods and services. The result is a comprehensive summary of the results extracted from the urban consumer price index and rural consumer price index. The purchase power of the CNY is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends.
to tighten monetary policy and fiscal policy risk. Generally speaking, a high reading is seen as positive for the CNY, while a low reading is seen as negative for the CNY.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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