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Published on Monday, November 7, 2011

A healthy moderation in October inflation and activity indicators

China’s headline inflation for October moderated to 5.5% y/y, after hovering above 6% for four consecutive months. The outturn was in line with expectations (BBVA: 5.4%; Consensus: 5.5%), and provides further evidence that inflation has passed its peak of 6.5% y/y reached last July

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