US and China Experience Mixed Inflation Results, Implications for Economic Recovery
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#f9660aca ver:1.15

US inflation slows in June, with CPI growth projected to be 3.1%. Rent prices drive growth, while core services soften. Unemployment rate ticks up to 4.1% despite employment increase. GDP growth below 2% for 2nd consecutive quarter. Fed expected to cut rates in December. #inflation #economy #Fed

China's consumer price growth falls short in June, growing by 0.2% YoY. Producer price index declines for 21st consecutive month. Low consumer spending due to property slump and job market. Consumer prices expected to rise in Q3 and Q4. #China #inflation #economy...

#newstr #UsInflation #China'sConsumerInflation #EconomicRecovery #Cpi #Ppi 

 https://here.news/story/f9660aca?ver=1.15