In July, the Consumer Price Index (CPI) remained flat year-on-year and increased by 0.4% month-on-month, marking a positive change. This month also saw the Producer Price Index (PPI) decline narrowing for the first time since March. The introduction of the first national standard in medical security will be implemented starting from January 1, 2026. The average tariff rate in the United States has significantly surged, impacting global trade prospects. The World Trade Organization has lowered its expectations for next year’s merchandise trade growth due to high tariffs.
Xinhua Finance Evening News: CPI rose by 0.4% month-on-month in July, PPI decline narrowed for the first time since March
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