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Thursday, March 28, 2024

Import, Export Prices Signal China Now Exporting Inflation

Courtesy of ZeroHedge. View original post here.

Following a mixed bag from CPI and PPI data, both import and export price inflation slowed YoY in February.

While import prices rose more than expected from January (+0.4% MoM vs +0.2% exp), export prices rose less than expected.

China’s ‘export’ prices appear to have bottomed…

Which means China is now sparking an inflationary (albeit very modest) push to the world…

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