China’s producer price index (PPI), a measure of inflation, rose at a slower annual rate of 6.6 percent in October, the National Bureau of Statistics (NBS) announced on Monday.
The rise in factory gate prices was down from 9.1 percent in September and the 12-year high of 10.1 percent in August.
Tags: central-bank, consumer_price_index, inflation, PPI
Months after coping with the highest inflation in more than a decade, China’s money market is gearing up for a fresh shock: deflation.
The risk of consumer price inflation turning negative early next year looks set to leave the market awash with idle funds, crush the upward slope of China’s bill curve, and push banks into [...]
The central bank vowed yesterday to provide ample liquidity to financial institutions if necessary to ensure stable economic growth, but warned that an injection of liquidity may lead to high inflation in the future.
The authorities would “ensure the financial system has sufficient liquidity and provide liquidity support for financial institutions in a timely manner”, the [...]
China shouldn’t relax monetary policy too fast, even amid an economic slowdown, a central bank official said yesterday.
“Monetary policy shouldn’t be loosened too fast because there is still a risk that inflation will rebound,” Jiao Jinpu, vice president of the People’s Bank of China’s Graduate School Council, told reporters at a financial conference in Beijing.
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Chinese banks should be alert to the risks of growing bad loans and narrowing profit margins amid a worsening global financial crisis and domestic interest rate cuts, a senior banking regulator has warned.
China Banking Regulatory Commission Vice Chairman Jiang Dingzhi told a financial forum in Beijing on Saturday that China’s banking system, despite being generally [...]
The China shouldn’t relax monetary policy too fast, even amid an economic slowdown, a central bank official said Sunday.
“Monetary policy shouldn’t be loosened too fast because there is still a risk that inflation will rebound,” Jiao Jinpu, vice president of the People’s Bank of China’s Graduate School Council, told reporters at a financial conference in [...]
