China's factory-gate inflation eased to a three-month low in July, while consumer price growth slowed. This was reported by Qazaqyia.kz citing Reuters.
In July, price pressures on Chinese industrial enterprises weakened, raising concerns about the economic recovery. The pace of consumer price growth also slowed, indicating weak domestic demand.
According to Reuters data, these changes reflect the challenges facing China's economy. Experts say these indicators could affect the country's monetary policy.