Friday, January 10, 2025

"Chinese deflation deepens"

Three from Australia's MacroBusiness. First up, the headliner, January 10:

Chinese inflation has turned into a game of Where’s Wally?

See if you can find him in the CPI.

There’s a little pulse in the homewares section, which is being driven by stimulus trade-ins. Otherwise, Wally is dead.


It’s much the same in the PPI....

....MUCH MORE 

And January 9:

Yes folks, China is Japan, only much worse

And:

2025 is the year of iron ore doom