China’s consumer prices were unchanged last month from a year ago and producer deflation persisted, suggesting that demand remains weak in the world’s second-largest economy amid trade turbulence.
The national consumer price index (CPI), a key gauge of inflation, was flat in July compared to a year ago, according to data released by the National Bureau of Statistics on Saturday.
The reading beat market expectations, as a poll by financial provider Wind had forecast a 0.12 per cent decline for…