CPI and PPI data due from China today

Last month this China data racked up 43 consecutive falls for the PPI and a CPI that came in under expectations.

Just like nearly everywhere else, inflation is not registering as an issue. Anecdotal evidence takes issue with this, but official data says 'No'. Which leaves 'scope' for further easing. (And note, low inflation is necessary but not sufficient for further easing ... something the excitable have been given an example of after recent Australian CPI data.)

For China today ... CPI and PPI for October:

CPI y/y:

• expected +1.5%, prior was +1.6%

PPI y/y:

• expected -5.9%, prior was -5.9%

Data due at 0130GMT.