{
  "id": 388117,
  "title": "China July factory-gate inflation eases to 3-month low; CPI slows",
  "url": "https://urgent.news/2026/08/09/china-july-factory-gate-inflation-eases-to-3-month-low-cpi-slows-388117",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-09T15:09:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/730762/business/china-july-factory-gate-inflation-eases-to-3-month-low-cpi-slows"
  },
  "original_language": "en",
  "account": "China's producer price inflation eased more than expected in July, reaching its weakest point in three months, according to official data released on Sunday. Consumer inflation also slowed down during the same period. The cooling of both producer and consumer price inflation occurred despite global energy prices falling, despite the ongoing US-Israel conflict with Iran. China's leaders have pledged to boost growth by accelerating fiscal spending on infrastructure projects before the end of the year. Lower oil prices, combined with weakening demand, led to both consumer and producer price inflation coming in below expectations in July. The producer price index increased by 3.5% from a year earlier in July, marking a decline from 4.1% in June to its lowest point in three months. The core consumer price index, which excludes volatile food and energy costs, rose by 0.9% on a year-over-year basis. While food prices fell by 1.5%, they edged down by 0.1% compared to the previous month, contrasting with the expected 0.2% increase. Economic momentum softened in the second quarter, as reported by Zhiwei Zhang, chief economist at Pinpoint Asset Management. The transmission of fiscal spending will take time to impact the economy, according to ANZ forecasts, which predict full-year producer price inflation of 2.5% and consumer price inflation of 1.0%. Despite strong profit growth in some upstream and high-tech sectors, domestic market-facing manufacturers have faced challenges due to sluggish demand, leading to concerns about profit margins and confidence. Rising input costs have put additional pressure on these companies, potentially dampening their confidence.",
  "summary": "China's producer price inflation eased more than expected in July to its weakest in three months, while consumer inflation also cooled, official data showed on Sunday, as global energy prices ret...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "China July factory-gate inflation eases to 3-month low, CPI slows",
        "url": "https://urgent.news/2026/08/09/china-july-factory-gate-inflation-eases-to-3-month-low-cpi-slows",
        "published": "2026-08-09T05:22:40.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}