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.
Talk to us to get get FREE signals and start earning now:
Other top stories:
3 Tips for Today's Trading - 08/12
The Importance of Diversification
How I Made Over $30,000 a Year by Investing in Binary Options
Follow us and SHARE this story on Facebook/Twitter: