Summary

  • Factory inflation in China reached 5.7% in October, its highest level since June 2022.

  • Oil costs drove a spike while Chinese consumer inflation slowed to 0.7%.

  • Could those cost pressures alter the Fed's path in December ahead of Tuesday's US inflation data?

Read the original article, “China Factory Inflation at 5.7% Could Complicate The Fed's Path Ahead of US CPI,” by Darryn Pollock on id.beincrypto.com