Economic calendar in Asia Friday, 9 June 2023: Chinese inflation data for May

On Thursday in China were rate cuts:

• ForexLive Asia-Pacific FX news wrap: Chinese bank rate cuts

Inflation rates are no impediment to policy easing in China if the PBOC choose that path. indeed the cuts yesterday rekindled speculation of further easing:

• Chinese media speculate on a loan prime rate cut after banks reduced deposit rates

Today we get the latest official CPI and PPI readings. These are expected to show very subdued inflation at both levels. There is often discontent at the veracity of official Chinese data. This is the subject of a whole other discussion though.

1. This snapshot from the ForexLive economic data calendar, access it here.
2. The times in the left-most column are GMT.
3. The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected.