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Morgan Stanley Ups China PPI Forecast for 2017 on Supply-Side Reform

iconSep 5, 2017 16:02
Source:SMM
Morgan Stanley increases its estimation for China’s PPI in 2017 as supply-side reform in China led to lower commodity production.

SHANGHAI, Sept. 5 (SMM) – Morgan Stanley increases its estimation for China’s PPI in 2017 as supply-side reform in China led to lower commodity production.

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One Hong Kong-based economist for Morgan Stanley said in a report on September 4 China’s estimated PPI is raised to 5.5% for 2017, up from previous 4.5%. 

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