China CPI inflation to increase markedly to 2.3% in February – Barclays

News

The Barclays Research Team offers a brief preview of their expectations from the Chinese inflation due this Thursday at 0130 GMT.

Key Quotes:

“We expect CPI inflation to increase markedly to 2.3% from 1.5% in February, mainly due to a large increase in pork prices and higher oil prices.

We think PPI inflation will edge higher to 0.4% in March from 0.1% previously, as evidenced by the sizeable increase in manufacturing PMI input prices.”

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