China’s CPI rises to 0.5% in Jul, driven by surging food prices

China’s CPI rose by 0.5% yoy in July, up from June’s 0.2% yoy surpassing expectations of 0.4% yoy and marking the highest increase since February. This uptick was driven in part by a significant 20.4% yoy surge in pork prices, the highest since December 2022. Core CPI, which excludes food and energy prices, saw a […]

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