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Chinese inflation to crash in due course

October 15, 2021 - 11:30 -- Admin

Chinese inflation was out yesterday and it is a laugh a minute. The CPI is cratered at 0.7% as food prices sag: However, that is not where the action is. It’s producer inflation that delivers the laughs, at 10.7%: And have a look at what is running: Basically, the further upstream in the supply chain

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