> Credit Suisse says China’s inflation likely to stay below 3% in the next 12 to 18 months

pboc

Credit Suisse says China’s inflation likely to stay below 3% in the next 12 to 18 months

Eamonn Sheridan

Friday, 09/12/2022 | 06:42 GMT

Greg had the CPI data from China earlier:

China's CPI YoY for November 1.6% versus 1.6% expected

Credit Suisse (analyst speaking on CNBC in Asai) says

We don’t think CPI is an issue in China, in fact, it’s going to be remaining steady within this range of 1% to 3% in the foreseeable future”
consumer prices in China remained moderate due to weak demand
in Q2 CS expect GDP up 6.1%, citing base effects and “a resurgence in consumer activity” - a bounce back from restrictions

---

Its going to be a bumpy road ahead for China, cases are soaring and people are still becoming accustomed to living with the new rules. The trend should be for improvement though.