China's producer price inflation eased more than expected in July. Consumer inflation also cooled, reflecting weaker domestic demand in the economy. This slowdown is consistent with other economic activity data released recently. Chinese leaders pledged to accelerate fiscal spending on infrastructure projects. This policy response aims to bolster economic growth through year-end.

China's consumer inflation rose at a slower pace in July due to weaker gasoline price gains, while factory-gate inflation remained elevated despite edging down from a recent peak…

China's PPI fell below expectations in July after hitting a near four-year high in June, raising questions about the durability of the recovery