
The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.
In January, China's consumer and producer inflation went down as anticipated, even as global equity markets sank on worries that price pressures are already building in America.
A moderation in the country’s inflation would underpin the opinion that the world's number two economy is gradually losing momentum following forecast-surpassing surge of 6.9% the previous year.
However, data from this Asian country early in the year needs to be perceived critically because of price and business distortions provoked by the timing of the long Lunar New Year celebration.
In January, China's producer inflation slid for a third straight month and a bit more than anticipated, as official data uncovered on Friday, hinting that the previous year's firm revenue surge in its industrial sector might start receding.
Obviously, lower gains could affect Chinese businesses’ ability to handle a mountain of debt considering that the authorities are trying to tame risks in the financial system.
In January, the producer price index managed to grow 4.3% versus 2017, which is the smallest ascend for 14 months.
Market experts had hoped for an outcome of 4.4%, referring to milder price leaps for raw materials as well as finished goods.
In January, the PPI added 0.3% on a monthly basis, which is less than half the tempo observed in December.
As for the country’s consumer inflation, it slumped to the lowest value since July last year.
The consumer price index managed to gain 1.5% from 2017, which is in line with hopes and also stepping down from December's revenue of 1.8%, as the National Bureau of Statistics informed.
In January, CPI tacked on 0.6% on a month-on-month basis.
The food price index lost 0.5% from 2017 because of a higher base in 2017, having dived 0.4% in December. As for non-food prices, they went up 2% versus December’s reading of 2.4%.
The US Markit will publish Flash Manufacturing and Flash Services PMIs (purchasing managers' indices) on June 23 at 16:45 GMT+3.
The Bank of England will publish a monetary policy summary on Thursday, June 16, at 14:00 MT time (GMT+3).
The Federal Reserve will make a statement regarding the future monetary policy on Wednesday, June 15, at 21:00 MT time (GMT+3).
The US Institute for Supply Management will release ISM manufacturing PMI on July 1, 17:00 GMT+3.
The United States Bureau of Economic Analysis will release monthly Personal Consumption Expenditures (PCE) on June 30, 15:30 GMT+3.
The governor of the Bank of England, Andrew Bailey, will hold a speech on June 29 at 15:30 MT time (GMT+3).
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