Jinshi Data October 14th News, CICC research report stated that the year-on-year CPI and PPI in September both fell from 0.6% and -1.8% to 0.4% and -2.8%, weaker than the market's expected 0.7% and -1.5%, CPI was weaker than seasonal fluctuations, and PPI fell by 0.6% month-on-month. Although the start of school season and the double festival boosted food prices, non-food prices remained weak. 24 of the 30 PPI sub-categories showed negative growth compared to the previous month, all of which indicate that endogenous demand needs to be improved, and output gaps have not narrowed. The political bureau meeting at the end of September released a clear signal of stability, and a package of monetary, financial and fiscal policies have been introduced one after another to boost market confidence. The subsequent trend of prices depends on the strength of countercyclical policies.
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Zhongjin: Enflasyon hala zayıf, trend politika gücüne ve ritmine bağlı.
Jinshi Data October 14th News, CICC research report stated that the year-on-year CPI and PPI in September both fell from 0.6% and -1.8% to 0.4% and -2.8%, weaker than the market's expected 0.7% and -1.5%, CPI was weaker than seasonal fluctuations, and PPI fell by 0.6% month-on-month. Although the start of school season and the double festival boosted food prices, non-food prices remained weak. 24 of the 30 PPI sub-categories showed negative growth compared to the previous month, all of which indicate that endogenous demand needs to be improved, and output gaps have not narrowed. The political bureau meeting at the end of September released a clear signal of stability, and a package of monetary, financial and fiscal policies have been introduced one after another to boost market confidence. The subsequent trend of prices depends on the strength of countercyclical policies.