China's factory-gate prices fell −3.5% year-on-year in July, marking 34 consecutive months of producer deflation, longer than the 2015-16 commodity bust, even as several outlets misreported the figure with the wrong sign.
China's July CPI cooled to 0.5% year on year and PPI to 3.5%, both missing forecasts, as retreating energy costs pulled headline inflation well below June, Goldman Sachs data show. Source
