China’s Jan CPI, PPI miss expectations-Shanghai Metals Market

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China’s Jan CPI, PPI miss expectations

Data Analysis 10:10:01AM Feb 15, 2019 Source:SMM

SHANGHAI, Feb 15 (SMM) – The growth of consumer and producer prices in China for January both fell short of expectations.

The consumer price index (CPI), a gauge of prices for goods and services, expanded 0.5% on the month, after it lost 0.3% in December. Economists expected the CPI to increase by the same margin as December, of 1.9%. It rose 1.7% from January 2018, the National Bureau of Statistics said on Friday February 15.

The producer price index (PPI), which measures price increases before they are passed onto consumers, rose 0.1% year on year in January, the lowest gain since September 2016, compared to the expectations of a growth of 0.3%.

The PPI declined 0.6% on the month, after it lost 1% in December.

Key Words:  Macroeconomics  CPI   PPI 

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1# Silver ingots(99.99%)
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4259.0
-27.0
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2# Silver ingots(99.95%)
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4244.0
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3# Silver ingots(99.90%)
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4229.0
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Gold(99.99%)
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340.1
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Gold(99.95%)
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339.7
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(-0.45%)

China’s Jan CPI, PPI miss expectations

Data Analysis 10:10:01AM Feb 15, 2019 Source:SMM

SHANGHAI, Feb 15 (SMM) – The growth of consumer and producer prices in China for January both fell short of expectations.

The consumer price index (CPI), a gauge of prices for goods and services, expanded 0.5% on the month, after it lost 0.3% in December. Economists expected the CPI to increase by the same margin as December, of 1.9%. It rose 1.7% from January 2018, the National Bureau of Statistics said on Friday February 15.

The producer price index (PPI), which measures price increases before they are passed onto consumers, rose 0.1% year on year in January, the lowest gain since September 2016, compared to the expectations of a growth of 0.3%.

The PPI declined 0.6% on the month, after it lost 1% in December.

Key Words:  Macroeconomics  CPI   PPI