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Rise in China CPI and Fall in PPI for July

09 August 2019 Maria Gregoriou

The National Bureau of Statistics (NBS) of China released the Consumer Price Index (CPI) for July this morning, showing that the index is up 2.8 percent - the highest reading since February last year.

The index, which is a key indicator to measure inflation and changes in purchasing trends, showed that food prices grew 9.1 percent year on year last month, which was an increase from 8.3 percent in June.

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