China's producer inflation hit a three-month low in July, while consumer prices also softened, driven by retreating global energy costs amid the ongoing U.S.-Iran conflict.

BEIJING -- China's producer price index, which measures costs for goods at the factory gate, went up 3.5 percent year-on-year in July, the National Bureau of Statistics said…

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…