China Inflation Likely Picked Up in May -- Market Talk

Dow Jones06-11

0424 GMT - China's CPI inflation is expected to have ticked up in May, despite a continued drag from food prices, HSBC economists say in a note. High-frequency data show that wholesale agriculture prices continued to fall during the month, but also that pork prices may have bottomed out. The travel boom during the Labor Day holiday likely supported service demand, and hence core CPI, HSBC says. Meanwhile, PPI deflation might have eased on year, as a prices of metals, oil, and iron ore rose on strong demand and constrained supply, it adds. PMI data hint at a price improvement for producers in on-month terms as well. (fabiana.negrinochoa@wsj.com)

(END) Dow Jones Newswires

June 11, 2024 00:24 ET (04:24 GMT)

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Meanwhile, PPI deflation might have eased on year, as a prices of metals, oil, and iron ore rose on strong demand and constrained supply, it adds. PMI data hint at a price improvement for producers in on-month terms as well. 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High-frequency data show that wholesale agriculture ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0417516738.SGD","symbol_name":"Allianz Hong Kong Equity AT Acc SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2442387652","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2442387652","pubTimestamp":1718079840,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Copyright (c) 2024 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","BK1572":"香港银行股","BK1610":"ETF&股票定投概念","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","HSBA.UK":"汇丰控股有限公司","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","03143":"华夏香港银行股","BK4585":"ETF&股票定投概念","BK4588":"碎股","00005":"汇丰控股","BK1601":"香港本地股","HSBC":"汇丰","BK4521":"英国银行股","BK1231":"综合性银行","BK4207":"综合性银行"},"translate_title":"中国通胀可能在五月份回升——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00005":0.75,"03143":0.6,"HSBA.UK":0.6,"HSBC":0.6},"content_text":"0424 GMT - China's CPI inflation is expected to have ticked up in May, despite a continued drag from food prices, HSBC economists say in a note. 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