China’s CPI up 0.5 pct in July
China’s consumer price index (CPI), a main gauge of inflation, rose 0.5 percent year on year in July, official data showed Sunday.
The core CPI, which excludes food and energy prices, increased 0.9 percent year on year, according to the National Bureau of Statistics (NBS).
Influenced by international imported factors, CPI in July edged down 0.1 percent on a month-on-month basis, the NBS data revealed.
Sunday’s data also showed that China’s producer price index, which measures costs for goods at the factory gate, went up 3.5 percent year on year in July.
Reference Link:- https://english.news.cn/20260809/8be0d452f506494a9f38e66505a186da/c.html
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
