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8th Aug 2024 20:44China+Weekly Monitor

  • China’s headline consumer inflation rose in July, but this was due to weather-related food inflation.
  • Domestic demand still looks sluggish, based on core consumer inflation.
  • A jump in auto trade-in subsidy applications, despite overall falling sales, offers a ray of hope for H2.

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Keywords for: 12 August 2024 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence