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13th May 2024 17:33China+Daily Monitor

  • China consumer prices rose in April, after volatility in Q1 caused by holidays and base effects.
  • The CPI changes were driven by higher energy and core inflation, but domestic demand was still feeble.
  • The PBoC will use “flexible, precise and effective” monetary policy to promote reflation.

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Keywords for: 15 May 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence