China CPI (June) 1.5% y/y (vs. expected 1.6%) and PPI 5.5% y/y (expected 5.5%)

Inflation data from China for June

China CPI for June, 1.5% y/y,

• expected is 1.6%, prior was 1.5%
• For the m/m reading, that's in at -0.2% m/m
• Food price inflation down m/m (fall of 1% m/m & fall of 1.2% y/y) while non-food up 0.1% m/m (& 2.2% y/y)

China PPI 5.5% y/y

• expected 5.5%, prior was 5.5%
• For the m/m reading, that's in at -0.2% m/m (same as for the m/m CPI)

There we go, it was a few moments late - if you are with me regularly on the Asian time zone you'll know China data timing can be a little flexible (on a separate point, I don't think is an overly bad thing).