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Breaking Posted 1 hour ago

China July PPI eases to 3-month low; CPI growth slows

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China's factory-gate inflation (PPI) fell to a 3-month low in July while consumer inflation (CPI) also decelerated, signaling cooling domestic demand and deflationary pressure. USD/CNH and CNY pairs may weaken on prospects of further Chinese monetary easing; softer Chinese growth could also pressure commodity-linked currencies like AUD/USD and support safe-haven flows.
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