Consumer and producer inflation data from China for December 2024
PPI is still in inflation and CPI is barely avoiding it. Almost as expected from China.
The People's Bank of China is wary of providing too much stimulus, such as a rate cut, due to financial stability and yuan weakness concerns. Political opinion now is that China will want to stop letting the yuan slide, keeping the risk of that happening in case it is needed as a leverage tool if Trump's tariffs come.
