China's PPI continues to drop in July
Updated: 2013-08-09 10:01
(Xinhua)
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BEIJING -- China's producer price index (PPI) fell 2.3 percent year-on-year in July, indicating weak market demand amid a protracted economic slowdown, according to data on Friday.
The PPI, which measures inflation at wholesale level, has been in negative territory for 17 months, the National Bureau of Statistics said.
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