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China’s CPI inflation misses expectation in May: What 1.2% means for the Australian Dollar

China’s Consumer Price Index (CPI) climbed 1.2% in May from a year ago after arriving at a rise of 1.2% in April, the National Bureau of Statistics of China reported on Wednesday. The market consensus was for 1.3% in the reported period.

INFLATION
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China’s Consumer Price Index (CPI) climbed 1.2% in May from a year ago after arriving at a rise of 1.2% in April, the National Bureau of Statistics of China reported on Wednesday. The market consensus was for 1.3% in the reported period.