China CPI Inflation Seen Easing to 0.8% in October — ING
ING expects China's CPI inflation to edge down to 0.8% year over year in October from 0.9% in September, citing continued weakness in domestic demand. The producer price index is expected to rise, but the report is truncated before giving a forecast.
China's consumer price pressure likely remained subdued amid continued weakness in domestic demand, according to ING in a research note. Consumer price index inflation likely edged down to 0.8% on year in October from 0.9% in September, ING says. That said, producer price index is expected to rise…