China Flash: Easing February inflation and activity indicators reinforce expectations of policy loosening
Published on Thursday, March 8, 2012
China Flash: Easing February inflation and activity indicators reinforce expectations of policy loosening
Summary
Headline inflation for February declined to 3.2% y/y. Meanwhile, retail sales and industrial production moderated by more than expected. Taken together, the outturns reinforce our expectations of further policy loosening.
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
BBVA Research
BBVA Research