China’s CPI inflation rises to -0.3% YoY in December vs. -0.4% expected
|China’s Consumer Price Index (CPI) fell 0.3% YoY in December after dropping 0.5% in November. The market forecast was a decrease of 0.4%.
Chinese CPI inflation rose to 0.1% over the month in December versus the -0.5% figure seen in November and an acceleration of 0.2% estimated.
China’s Producer Price Index (PPI) dropped 2.7% YoY in December, as against a 3.0% decline in November. The data missed expectations for a 2.6% decline in the reported period.
Market reaction to Chinese inflation data
At the time of writing, AUD/USD is cheering mixed Chinese data releases, holding gains just above 0.6700, up 0.31% on the day.
Australian Dollar price today
The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Swiss Franc.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | 0.00% | -0.01% | -0.03% | -0.11% | 0.08% | -0.08% | 0.06% | |
| EUR | 0.01% | -0.03% | -0.03% | -0.14% | 0.06% | -0.11% | 0.07% | |
| GBP | 0.03% | 0.04% | 0.00% | -0.09% | 0.11% | -0.07% | 0.11% | |
| CAD | 0.03% | 0.02% | 0.01% | -0.12% | 0.10% | -0.06% | 0.09% | |
| AUD | 0.14% | 0.13% | 0.12% | 0.11% | 0.20% | 0.03% | 0.21% | |
| JPY | -0.06% | -0.10% | -0.09% | -0.11% | -0.16% | -0.21% | 0.01% | |
| NZD | 0.10% | 0.12% | 0.10% | 0.08% | -0.01% | 0.19% | 0.19% | |
| CHF | -0.05% | -0.05% | -0.07% | -0.08% | -0.17% | 0.02% | -0.14% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.