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8.11 Report

① National Bureau of Statistics: In July, the CPI rose 0.5% month-on-month and 2.7% year-on-year, while the PPI dropped 1.3% month-on-month, up 4.2% year-on-year.
② The Implementation Plan for Carbon Peaking in the Demonstration Zone for Ecological Green Integrated Development in the Yangtze River Delta was officially implemented.
③ The operating rate of printing and dyeing factories in Jiangsu and Zhejiang regions where electricity is limited is only 50%, which may affect the price of dyes.
④ US media: India is brewing a new ban, targeting Chinese mobile phones.
⑤ German think tank report: Rising natural gas prices may seriously impact the German chemical industry.
⑥ Food prices in the United States rose by 14% year-on-year in July, and egg prices soared by 47% year-on-year.
⑦ Due to soaring inflation, more than 110,000 Royal Mail employees announced a general strike.
⑧ Moody’s, an international credit rating agency, downgraded Italy’s future outlook to negative.
⑨ The output of building materials in Turkey has increased significantly, making it the fifth largest exporter of building materials.
⑩ WhatsApp will launch 3 new features designed to protect user privacy.


Post time: Aug-11-2022