News
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China’s May CPI Flat at -0.1%, PPI Deflation Accelerates as Auto Price Wars Intensify Factory Pressures
TradingKey - Weighed down by domestic manufacturers’ price wars, uncertainty from the U.S.-China tariff conflict, and weak domestic consumption, China’s May Consumer Price Index (CPI) and Producer Price Index (PPI) both continued to decline, with the PPI now in deflation for a 32nd consecutive month
TradingKey
Mon, Jun 9
Japan's Q1 GDP Confirmed to Have Contracted, Focus Turns to Japan-U.S. Talks for Prospects of BOJ Rate Hikes
TradingKey - Benefiting from improved consumption, the revised contraction for Japan's Q1 GDP in fiscal 2025 was less severe than initially estimated. Nevertheless, Japan's economy still shrank, adding uncertainty to the Bank of Japan's (BOJ) prospects for rate hikes. Ongoing trade negotiations...
TradingKey
Mon, Jun 9
China's May exports miss expectations, imports widen declines
BEIJING, June 9 (Reuters) - China's exports expanded 4.8% year-on-year in value terms in May, and imports dropped 3.4%, customs data showed on Monday, as trade tensions remain high between Beijing and Washington.Economists polled by Reuters had forecast a 5.0% expansion in exports and a 0.9% dro...Reuters
Mon, Jun 9
China's factory-gate deflation worst in 22 months as economic headwinds mount
China May PPI -3.3% y/y, worst in 22 monthsCore inflation +0.6% y/y, but analyst warn of fragility Deflationary pressures likely to last for a while longer, economist says BEIJING, June 9 (Reuters) - China's producer deflation deepened to its worst level in almost two years in May while consu...Reuters
Mon, Jun 9
Japan's Q1 GDP contraction narrows on consumption improvement, revised figure shows
TOKYO, June 9 (Reuters) - Japan's economy contracted less than initially estimated in the January-March quarter, government data showed on Monday, with consumption figures revised upwards at a time when uncertainty surrounding U.S. tariffs is clouding the outlook.Reuters
Mon, Jun 9
ECB's Nagel says central bank can take time on policy
European Central Bank (ECB) Governing Council member Joachim Nagel spoke earlier on Sunday and said that the central bank can take its time on interest rates with monetary policy now set at a neutral level that is no longer restrictive, per Reuters.Fxstreet
Mon, Jun 9
Lagarde speech: Still long way to go until inflation is squeezed out of economy
European Central Bank (ECB) President Christine Lagarde said on Monday that interest rates will therefore have to remain restrictive for as long as necessary to ensure price stability on a lasting basis.Fxstreet
Mon, Jun 9
RPT-China's consumer prices extend decline for fourth month in May
BEIJING, June 9 (Reuters) - China's consumer prices fell for a fourth straight month in May while producer deflation deepened, as the economy faces headwinds from trade tensions and a prolonged housing downturn.The consumer price index dipped 0.1% last month from a year earlier, versus a 0.1% dr...Reuters
Mon, Jun 9
China's consumer prices extend decline for fourth month in May
BEIJING, June 9 (Reuters) - China's consumer prices fell for a fourth straight month in May while producer deflation deepened, as the economy faces headwinds from trade tensions and a prolonged housing downturn.The consumer price index dipped 0.1% last month from a year earlier, versus a 0.1% dr...Reuters
Mon, Jun 9
China’s CPI inflation arrives at -0.1% YoY in May vs. -0.2% expected
China’s Consumer Price Index (CPI) dropped at an annual pace of 0.1% in May after declining 0.1% in April, the National Bureau of Statistics of China reported on Monday. The market consensus was for a 0.2% decrease in the reported period.Fxstreet
Mon, Jun 9
Japan’s GDP arrives at 0% QoQ in Q1 2025 vs -0.2% expected
The Japanese economy showed no growth over the quarter in the first quarter (Q1) of 2025, the final reading released by Japan’s Cabinet Office showed on Monday. This reading came in above the market expectation and the previous estimate of -0.2%.Fxstreet
Sun, Jun 8
