10 May 2017
China's April CPI y/y upbeat, but PPI disappoints
China's Consumer Price Index (MoM) (April) came at 0.1% vs 0% exp and -0.3% last, while Consumer Price Index (YoY) (April) was 1.2% vs 1.1% exp and 0.9% last.
Meanwhile, China’s Producer Price Index (YoY) (April) arrived at 6.4% vs 6.7% exp and 7.6% last.
Mixed Chinese price pressures data appear to have little impact on the Aussie, with the spot keeping its range near 0.7355, up 0.20% on the day.