Data dump – inflation
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The National Bureau of Statistics (NBS) droppedJune inflation data today.
Here’s the deets (NBS):
The consumer price index (CPI) rose 2.5% y/y in June, up from 2.4% in May.The producer price index (PPI) fell 3.0% y/y in June, up from a 3.7% contraction in May.
Some context: This is th...