China's Inflation Accelerates; PPI Falls At Slower Pace
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China's consumer price inflation accelerated in July on higher food costs as regional flooding disrupted transportation, and the decline in factory gate prices slowed further reflecting the recovery in economic activity, official data showed Monday. Inflation rose to 2.7 percent in July from 2.5 percent in June, the National Bureau of Statistics reported. The rate was marginally above economists'
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