• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

China’s Factory Inflation Slows to 8.8% in February

March 9, 2022 by Forex Winner Leave a Comment

Source: National Bureau of Statistics of China

China’s factory inflation in February falls to the lowest annual rate in eight months. CSI 300 Index down -0.92% , CNY USD down -0.01%

  • The producer price index (PPI) rose 8.8% on the year, dropping from 9.1% expansion in January, but was higher an estimate of 8.7% from a Reuters poll.
  • Many Chinese factories stopped operations in the first half of Feb due to Lunar New Year celebrations, triggering a reprieve on demand for raw materials.
  • Meanwhile, Russia’s invasion of Ukraine has increased concerns of global supply chain constraints, pushing commodity prices to new record-highs.
  • Monthly PPI posted gains from a decrease in January, with global crude oil prices surging and increasing prices in domestic oil-related sectors.
  • An official at the state economic planner stated on Monday that the Chinese government’s efforts to control commodities were facing new challenges due to the ongoing geopolitical crisis.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News Tagged With: China, Factory Inflation, PPI, Russia’s invasion

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

XTB

XTB Review

January 5, 2020 By Forex Winner

eToro

eToro Review

April 23, 2019 By Forex Winner

spreadex

Spreadex Review

November 4, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure