Chinese CPI disappoints, PPI rises at fastest pace since 2008

Chinese Consumer Price Index for the year 2020 May to May 2021 arrived at 1.3% vs the expected 1.6%; and the previous 0.9%. 
Month on month, the data for May arrived at -0.2% vs the expected -0.1% and previous -0.3%.

Meanwhile, the Chinese Producer Price Index for the same year came in at 9.0% (exp 8.5%; prev 6.8%)

This was the fastest pace of rising since 2008.

More to come...