Caixin Survey Sees CPI Rising 1.5% YoY in June

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Caixin‘s latest survey of CPI and PPI forecasts finds broad optimism amongst economists for the month of June.

The latest Caixin survey of 11 institutional economists found they saw CPI rising 1.5% YoY in June on average, with a high end forecast of 1.8%, a minimum forecast of 1.3% and a median reading of 1.5%.

The average PPI forecast for June was an increase of 5.5%, with a high end forecast of 5.9%, a minimum forecast of 5.3% and a median reading of 5.5%.

 

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