NDRC: China is confident in its ability to keep prices stable
…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]
Despite an uptick in China’s Consumer Price Index (CPI) in December, the country’s state planner, the National Development and Reform Commission (NDRC), said on Thursday that “China is confident in its ability to keep prices stable.”
“China has a solid basis to keep prices stable in 2023.”
“In 2023, imported inflation pressure will remain in China.”
AUD/USD is unfazed by the above comments, keeping its range at around 0.6915, up 0.24% on the day.
[/s2If]
Join Our Telegram Group
