China Consumer Price Index (YoY) below expectations (1.6%) in April: Actual (1.5%)

FXStreet.com (Barcelona)

May 9, 2015

China Producer Price Index (YoY) registered at -4.6%, below expectations (-4.4%) in April

China cuts interest rates again

China cut yet again benchmark its lending rates by 0.25%, to 5.1% from 5.35%, while the depo rate is now down from 2.5% to 2.25%. Changes will be effective 11 May.