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CN Jul PPI Fades 0.8% YoY; Decline Slightly Less than Consensus
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China's producer price index (PPI) sank 0.8% YoY in July, with the drop slightly beneath the market expectation of 0.9%; and it dipped 0.2% MoM, with the decline the same as the previous month, as data released by the National Bureau of Statistics showed. On average for 7M24, the PPI faded 2% YoY.

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