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At 03:30 (GMT+2), China will publish July data on the consumer price index, a key indicator of inflation in the country, reflecting changes in retail prices for a certain basket of goods and services (food, transportation, utilities, healthcare, etc.). It has a significant impact on the decisions of the national financial regulator on monetary policy. It may change from –0.8% to –0.9% YoY and from –0.2% to –0.1% MoM.
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