Pantheon Macroeconomics
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6th Jul 2022 14:49China+, Daily Monitor
Chinese CPI inflation is set to rise until Q4, but it’s still a very different story to the West.
Inflation is unlikely to spend any time above target, and will retreat in 2023, with PPI entering deflation.
The PBoC will not need to tighten policy, but other constraints prevent aggressive easing.
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