Due from China on 10 September 2018 at 0130GMT, CPI and PPI for August
- CPI expected 2.1%, prior 2.1% y/y
- PPI expected 4.0%, prior 4.6% y/y
Via Nomura:
- August CPI inflation should rise, driven by higher pork prices (African swine fever) and vegetable prices (floods at a main vegetable production region).
- PPI inflation is likely to ease despite higher industrial product prices due to a negative base effect.
For more on the swine fever, this from earlier - official China press (straight from the Xinhua!):
