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China CPI down -0.3% yoy, first negative since 2021
China’s CPI for July registered a drop of -0.3% yoy, marking its first decline since February 2021. Although this result is slightly better than the market’s expectation of a -0.4% drop, it underscores the economic headwinds faced. Core inflation measure, which excludes the often erratic food and energy costs, showed a rise to 0.8% yoy […] The post China CPI down -0.3% yoy, first negative since 2021 appeared first on Action Forex...
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Posted: Aug 9 2023, 03:11
Author Name: actionforex
Views: 110741