ICYMI - Chinese CPI and PPI data over the weekend showed risk of further deflation spiral

April 2025 inflation data from China was slipped out over the weekend while everyone was looking at Geneva (US-China initial trade talks)
CPI:
- -0.1% y/y (expected -0.1%, prior -0.1%)
- +0.1% m/m (prior -0.4%)
- Core (ex food and energy) u
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