You are here

China's slowing wholesale deflation takes pressure off central bank

Producer price index down 1.7% in July from a year ago, smaller than June's 2.6% decline

Beijing

CHINA's factory price deflation moderated further in July, with prices falling at their slowest pace in two years, taking pressure off the central bank to cut rates as policymakers turn their focus to structural reforms and ballooning credit.

A government-led building spree

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom