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Friday, December 8, 2017

China November CPI 1.7% y/y vs 1.8% expected

China inflation data - Prior was 1.9% - PPI 5.8% vs 5.8% exp - Prior PPI 6.9% There is no inflation, anywhere. Many expect inflation to pick-up in developed markets but aside from a few pockets were currencies have dropped, it's very challenging to generate inflation -- even in an economy that's growing 6%.
China November CPI 1.7% y/y vs 1.8% expected

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