China Producer Price Index (YoY) above forecasts (3.5%) in March: Actual (4.4%)

Apr 9, 2021

USD/CNY fix: 6.5409 vs. prior 6.5384

In recent trade today, the People’s Bank of China (PBOC) set the yuan mid-point at 6.5409 vs yesterday at 6.5384. About the fix China maintains strict

China Producer Price Index (YoY) above forecasts (3.5%) in March: Actual (4.4%)

USD/CNY fix: 6.5409 vs. prior 6.5384

China Consumer Price Index (MoM) below expectations (-0.4%) in March: Actual (-0.5%)