China's consumer price index (CPI) rose to 1.6% year-on-year in July, from 1.4% in June, driven by rising food prices. Producer price index (PPI) declined further to 5.4% year-on-year in July, compared with a decline of 4.8% in June, as commodity prices fell during the month. "While headline CPI will likely head modestly higher in […]

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