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NBS urban statistics chief statistician Dong Lijuan said July national CPI fell 0.1% MoM, a narrowing of 0.2 percentage points from June. International price swings drove domestic gasoline down 10.7% MoM — a 5.8ppt larger decline than in June — subtr

2026-08-09

NBS urban statistics chief statistician Dong Lijuan said July national CPI fell 0.1% MoM, a narrowing of 0.2 percentage points from June. International price swings drove domestic gasoline down 10.7% MoM — a 5.8ppt larger decline than in June — subtracting about 0.35ppt from July MoM CPI. AI-led product upgrades raised consumer electronics prices: tablets +11.3%, computers +5.5%, mobile phones +1.0%, together adding roughly 0.03ppt to MoM CPI. Summer travel demand lifted service prices — travel agencies +7.2%, hotels +6.5%, airfares +4.2%, vehicle rental +3.6% — contributing about 0.10ppt to MoM CPI.

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2026-08-08

Ukrainian President Zelenskiy made a landmark first visit to Serbia on Saturday. President Vucic, long an ally of Putin, has seen ties with Moscow sour since Russia's 2022 invasion; Belgrade has not joined Western sanctions but has condemned the war

Ukrainian President Zelenskiy made a landmark first visit to Serbia on Saturday. President Vucic, long an ally of Putin, has seen ties with Moscow sour since Russia's 2022 invasion; Belgrade has not joined Western sanctions but has condemned the war and curtailed Russian economic influence. Moscow has accused Serbia of betraying Russia and of aiding Ukrainian forces.
2026-08-08

Turkey is restricting commercial vessels from entering the Black Sea, sources said, citing a rise in attacks on ships by Russian and Ukrainian forces. The Turkish Coast Guard has told multiple vessels bound for Russia’s Novorossiysk, a major oil and

Turkey is restricting commercial vessels from entering the Black Sea, sources said, citing a rise in attacks on ships by Russian and Ukrainian forces. The Turkish Coast Guard has told multiple vessels bound for Russia’s Novorossiysk, a major oil and grain export hub, that it will not issue transit permits for such voyages and that Dardanelles transit applications will face extended review. Sources said some ships were told the restriction also applies to voyages to Ukraine. Turkish authorities did not comment. The move could add new complexity to global trade and oil flows already disrupted by the Iran war and reduced traffic through the Strait of Hormuz.
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