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China settles in to a blah trend

Kia ora,Welcome to Monday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news of generally modest and uninspiring economic data.We start today with updates from China.Their April CPI came in +0.3% higher than a year ago, low but not as low as expected and not deflation yet (which they had from October to January). In the circumstances they will be ok with this. But both been and lamb prices fell and quite sharply, not only from a year ago, but…

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