China's May CPI a tad better, but PPI misses expectations

China's Consumer Price Index (MoM) (May) came at -0.1% vs -0.2% exp and 0.1% last, while Consumer Price Index (YoY) (May) was 1.5 % vs 1.5% exp and 1.2% last.

Meanwhile, China’s Producer Price Index (YoY) (May) arrived at 5.5% vs 5.7% exp and 1.2% last.

Mixed Chinese price pressures data appear to have slight negative impact on the Aussie, with the spot easing-off daily tops reached at 0.7549, down -0.12% on the day.