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June 12, 2024
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China CPI 0.3% y-o-y (consensus 0.4%) in May-24

- China's CPI remained stable at 0.3% year-on-year in May 2024, slightly above the one-year average but indicating modest inflationary pressures.
- Related economic indicators point to a mixed backdrop, with declining new house prices and robust monetary and credit growth hinting at potential future inflationary dynamics.

May 11, 2024
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China CPI 0.3% y-o-y (consensus 0.2%) in Apr-24

- China's April 2024 CPI exceeded market expectations, growing by 0.3% year-on-year, suggesting sustained inflationary pressures.
- It is reassuring to see the CPI's current growth breaking above the one-year average, helping to end the excessively disinflationary trend.

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