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  1. Chinese CPI dropped below 2% - Danske Bank

    by , 05-09-2014 at 01:35 PM
    Chinese CPI dropped below 2% - Danske Bank

    Analyst Anders Fischer at Danske Bank noted the sharp drop of Chinese consumer prices during April.

    Key Quotes

    “In China consumer price inflation in April dropped markedly to 1.8% y/y (consensus: 2.1% y/y) from 2.4% y/y in March and inflation in China is now at the lowest level since October 2012”.

    “The drop in inflation in April was mainly driven by lower food prices. Food-price inflation is likely to ...