In July, the month-on-month CPI in Guangdong turned positive, while the month-on-month PPI decline narrowed.

According to a report from China News Network, data released by the National Bureau of Statistics Guangdong Survey Team on the 10th showed that in July, influenced by the effects of expanding domestic demand policies and the peak travel season in summer, the consumer price index of Guangdong residents rose from negative to positive compared to the previous month, and the month-on-month decrease in the producer price index of Guangdong industrial producers narrowed.