As Trade Growth Surged, Goldman's One-Delta Desk-Head Asks "Is China Done Exporting Deflation?"

As Trade Growth Surged, Goldman's One-Delta Desk-Head Asks "Is China Done Exporting Deflation?"

As Trade Growth Surged, Goldman's One-Delta Desk-Head Asks "Is China Done Exporting Deflation?" China's trade growth accelerated sharply in January-February (exports: +21.8% yoy, imports: +19.8% yoy) and came in well above consensus expectations, prompting Goldman's Rich Privorotsky to ask: Rebounding aggressively. China exports were strong and CPI came in hot earlier in the week, prompting the question: is China done exporting deflation? Government data showed that exports soar...

By Tyler Durden