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Here Comes Chinese Inflation...

Mamta BadkarJul 9, 2014, 06:30 IST

Reuters

Chinese consumer and producer prices for June are out at 9:30 p.m. ET.

Economists polled by Bloomberg are looking for consumer prices to rise 2.4% year-over-year, following a 2.5% rise the previous month.

Food price inflation is expected to slow on account of lower pork and fruit prices, according to Jian Chang at Barclays.

Producer prices are expected to be down 1% YoY, compared to a 1.4% fall in May.

Producer price deflation is expected to ease as commodity prices rise and industrial activity picks up, according to Chang.