Inflation - Interlect Analytics

Sign in Subscribe

Inflation

A collection of 8 posts

DeepDive: Signals From the Central Bank

Paid-members only

DeepDive: Signals From the Central Bank

In this DeepDive, we analyse the PBoC’s latest policy communication and macro outlook. Our text-based indicators still point to more stable macro conditions, supporting our cautiously optimistic view from mid-February. While our indicators continue to suggest an accommodative stance and more policy support ahead, the more hawkish policy communication

DeepDive: Data Dump March 2024

Paid-members only

Data Dump Featured

DeepDive: Data Dump March 2024

China's manufacturing activity data for March were robust, partially due to the effects of the Lunar New Year, while also reflecting a more favourable external environment and policymakers’ continued focus on supply-side stimulus. Growth in new household deposits has slowed year-to-date, which could point to some improvement in

DeepDive: Data Dump January 2024

Paid-members only

Data Dump Featured

DeepDive: Data Dump January 2024

China’s macro data remained uninspiring in December. Households maintained pessimistic expectations regarding job prospects and wages, while loan demand continued to be low amid persistently high deposit levels. While corporate loan growth was robust year to date, narrow money supply growth (M1) remained lacklustre. The market appears to be

DeepDive: Key Messages from the PBoC’s Monetary Policy Outlook

Paid-members only

DeepDive: Key Messages from the PBoC’s Monetary Policy Outlook

In our latest DeepDive, we analyse the PBoC’s Q3 monetary policy report and outlook for the macroeconomy going forward. While the central bank continues to be optimistic, our quantitative text-based indicators continue to show a more mixed picture.

DeepDive: Data Dump November 2023

Paid-members only

Data Dump Featured

DeepDive: Data Dump November 2023

China’s macro data were mixed in October. Household loans continued to point to consumer caution and total retail sales didn’t look as good as the raw data print suggests. Low domestic price pressures and good CPI news out of the US should leave more room for targeted policy

QuickScan: The PBoC’s Optimistic Outlook

QuickScan: The PBoC’s Optimistic Outlook

In our latest QuickScan, we dissect the PBoC’s monetary policy report and outlook for the macroeconomy for the second half of the year. While the central bank paints an optimistic picture, there are a few catches. In its Q2 monetary policy report released last week, the People’s Bank

DeepDive: Politburo Update April 2023

Paid-members only

DeepDive: Politburo Update April 2023

Last Friday, the Politburo came together for its first economic session this year. As part of our regular updates on Politburo gatherings, we compare the meeting to previous ones to identify macro policy shifts and potential risks.

QuickScan: Concerned about Price Stability

Paid-members only

QuickScan: Concerned about Price Stability

This QuickScan takes a look at the discussions on inflation and price stability in recent State Council and PBoC readouts.