Gradual recovery in consumption and the rainy season help turn the CPI m/m to positive. The core CPI rose by 0.3% y/y, from -0.1%. Food prices rose by 1.2% y/y, from -0.6%. Vegetables and eggs rose by 9.3% and 4.4% y/y, due to bad weather. Pork prices rise by 20.4% y/y, vs +2.3 PPS vs June. For y/y price changes Food, tobacco & liquor +0.2% Clothing +1.7% Accomodation +0.1% Necessities & services +0.7% Transportation & Communication -0.6% Education, Culture & Entertainment ...
Pinkki_doll
:
Just follow the trend, china good CPI, why you still want to short at this moment? Some banker already pull up before the report released.
The core CPI rose by 0.3% y/y, from -0.1%.
Food prices rose by 1.2% y/y, from -0.6%.
Vegetables and eggs rose by 9.3% and 4.4% y/y, due to bad weather.
Pork prices rise by 20.4% y/y, vs +2.3 PPS vs June.
For y/y price changes
Food, tobacco & liquor +0.2%
Clothing +1.7%
Accomodation +0.1%
Necessities & services +0.7%
Transportation & Communication -0.6%
Education, Culture & Entertainment ...
The 2Q24 net profit of chip stocks $SMIC (00981.HK)$ / $HUA HONG SEMI (01347.HK)$ fell 59%/ 91%+ YoY, and their share prices mounted 7.3%/ 2.7%. HUA HONG SEMI decreas...
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