Deflationary pressures ease slightly in July
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China’s deflationary pressures are easing slightly.
Per data released by the stats bureau (NBS) on Saturday, in July:
Consumer prices (CPI) were flat year-on-year, compared to a 0.1% y/y increase the previous month
Producer prices (PPI) fell 3.6% y/y, the same decline as in June
These headline fig...