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China's CPI up 0.5pc in July

Official data from the National Bureau of Statistics (NBS) on Sunday showed that the country's consumer price index (CPI), a main gauge of inflation, rose 0.5 percent year on year in July. The core CPI, which excludes food and energy prices, increased 0.9 percent year on year, according to the bureau. Influenced by international imported factors, CPI in July edged down 0.1 percent on a…

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