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China's overall producer price index (PPI) rose by 4.2 percent year on year in July, while it declined by 1.3 percent month on month. Meanwhile, in July Chinese industrial producers' purchase prices rose by 6.5 percent year on year and were down 0.9 percent compared to June.

In the first seven months this year, China's overall producer price index (PPI) increased by 7.2 percent year on year, while the industrial producers’ purchase prices rose by 9.8 percent year on year.