Barclays says China demand still subdued despite inflation rebound
Barclays analysts say underlying demand in China remains subdued even as inflation measures rebound. They cite August inflation data showing modest re-acceleration, driven primarily by higher energy and commodity prices. PPI inflation picked up to 3.8% y/y.
Barclays analysts said China’s underlying demand conditions remain subdued despite the rebound in inflation measures. They said inflation data showed a modest re-acceleration in August, driven mainly by higher energy and commodity prices. 8% year on year.