Along with the rapid strengthening in international raw material prices in recent months, a global manufacturing power China, most likely on Friday (9th), the producer price index (PPI), will send a strong signal to the world, that is, China will "exporting inflation".
Bloomberg reported surge in raw materials prices in the near future under the lead of China's manufacturing sector has been raised several times the product price, in September, the producer price index (PPI) increased at an annual rate for the first time are growing, followed in October China's PPI increased at an annual rate increase of 1.2%.
Market participants estimated that under the current situation of global inflation is expected to continue to have a fever, it is estimated that Friday (9th) statistics for November released by PPI, China, China will continue to strengthen.
As top figure by shows, due to China PPI and China Export Price Index trend is closely related to, market analyst estimated, in original material price of push rose zhixia, China manufacturing of products price, estimated also has fast warming, and China is global of trade export powers, China will will through trade of way, widely to on world "output pass expanded", then led global commodity price rose.
Macroscopic research firm Medley Global Advisors, lead researcher Andrew Polk said in China, once China's manufacturing raw material costs, reflected in product prices on inflation after the rapid transmission, it is estimated that global commodity prices also will rise significantly. Advisors Andrew Polk said, "estimated that such a scene, we will soon see in 2017.
Currently on the market are "trump the new deal" for a greatly expanded United States infrastructure stimulus, inflation expectations for the future of the market, there has been an explosive rise, according to the 10-year US Treasury minus the 10-year inflation-resistant bonds (TIPS) from the Breakeven Inflation Rate shows, the latest balance inflation has come to 1.95%, is very close to Fed inflation target of 2%.
Some market participants worry, in the current global environment of inflation expectations surged, Chinese manufacturing inflation if the global output, then this "global inflation" pressures, inflation is likely to make the global future, appeared out of control. Qian United States China Special Adviser and current TCW Group hedge-fund manager David Loevinger said: "once global output and inflation pressures in China, global inflation, I am afraid there will be overheating.
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