China July data – China’s consumer price inflation flat y/y, but higher than expected m/m

China’s consumer prices were flat y/y in July, as government efforts to rein in excessive competition offered some relief from deflationary pressures. Analysts caution that the path out of deflation will be long and may require stronger stimulus measures. Consumer Price Index (YoY) (July) 0.0%, no change from a year earlier, beating forecasts for a … Read more