China's PPI rose 3.5% year-on-year in July, down from 4.1% in June and below forecast, while CPI rose just 0.5%, a six-month low, as the country's brief reflation trade stalls after one strong quarter.
Goldman Sachs charts show China's July CPI and PPI both undershooting forecasts as energy prices retreated and core inflation cooled further to 0.9%. Source
