2013-10-14
Higher September CPI Will Not Prompt Monetary Policy Action
The author is head of China research at UBS Tao Wang China's CPI inflation picked up from 2.6% in August to 3.1% in September, higher than expectation. Although the contribution from base effect tapered off by 0.3%, sequential momentum of CPI picked up from 0.5% to 0.8% in September on seasonal and holiday demand. Food […]
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