China consumer price index (CPI) increased 2.0% year-on-year in August, compared with market consensus of 2.2% and July's 2.3% hike, according to data released by China's National Bureau of Statistics. Producer price index (PPI) declined 1.2% year-on-year in August, slighter faster than market consensus of a 1.1% decrease and July's 0.9% drop. "We believe the […]

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