TODAY'S TOP STORIES

China Falls Back Into Deflation; PPI Continues To Decline

China's consumer prices declined more than expected in August on weaker demand and producer prices continued to fall, strengthening calls for more actions to bolster domestic consumption amid slowing exports growth.

The consumer price index dropped 0.4 percent from a year ago after remaining flat in July, the National Bureau of Statistics reported Wednesday. Prices were expected to fall 0.2 percent.

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by Renju Jaya

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