CPI (CNY) – 09/12
- Donald Herison
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What is it? It checks the change in the price of goods and services purchased by consumers.
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to respond by raising interest rates.
When? December 9th at 8:30pm Eastern Time.
Trading Tip: If the number is higher than the forecast, you can expect the CNY to rise.
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