China Consumer Price Index (MoM) registered at 0.3%, below expectations (0.4%) in January

Feb 8, 2024

PBoC sets USD/CNY reference rate at 7.1063 vs. 7.1911 Reuters estimates

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1063 as compared to 7.1911 Reuters estimates.

China Consumer Price Index (MoM) registered at 0.3%, below expectations (0.4%) in January

PBoC sets USD/CNY reference rate at 7.1063 vs. 7.1911 Reuters estimates

China Producer Price Index (YoY) came in at -2.5%, above expectations (-2.6%) in January