This Wednesday, at 21:30 Beijing time, CPI data will be released, and market expectations are not uniform. Specifically, the month-on-month expectation is 0.3%, while the year-on-year expectation is 2.9%.
After the report is released, please pay special attention to the details related to housing inflation, as this will be a key part of interpreting the data.
As the saying goes, "When it rains, it pours," and in this case, we can't help but wonder whether the CPI data will follow Murphy's Law, which states, "If anything can go wrong, it will." Let's wait and see.
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