BEIJING — China’s consumer inflation accelerated in August to the fastest pace in half a year, but the uptick was due more to higher food costs from weather disruptions than a recovery in domestic demand as producer price deflation worsened.
A sputtering start in the second half is mounting pressure on the world’s second-largest economy to roll out more policies amid a prolonged housing downturn, persistent joblessness, debt woes and rising trade tensions.
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