Business / Macro

China's inflation rises 2.7% in July

(Xinhua) Updated: 2013-08-09 09:57

China's producer price index (PPI) fell 2.3 percent year-on-year in July, indicating weak market demand amid a protracted economic slowdown, according to data on Friday.

The PPI, which measures inflation at wholesale level, has been in negative territory for 17 months, the National Bureau of Statistics said.

China's inflation rises 2.7% in July
 
 

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