China's inflation rate came in at 2.7 percent in July, the government said on Friday- unchanged from the June reading but below estimates for 2.8 percent.
Producer prices in China contracted 2.3 percent on year in July, the data showed - versus forecasts for a 2.1 percent decline following the 2.7 percent plunge in the previous month.
Later today, China will also release July figures for retail sales, industrial production and fixed asset investment.
Retail sales are forecast to climb 13.4 percent on year after gaining 13.3 percent a month earlier. Industrial production is tipped to add an annual 8.8 percent, slowing from 8.9 percent in June. FAI is called at 20.0 percent, down from 20.1 percent a month prior.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.