China – still expecting PPI to rebound
The April PPI data were soft, but the government's higher-frequency series for industrial prices, updated today for the first 10 days of May, continues to suggest a lessening of deflation.
![China – still expecting PPI to rebound](/content/images/size/w2000/2024/05/China--PPI-and-10D-px----YoY-1.png)
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