INT
Low China consumer and producer inflation will persist
China’s consumer price inflation was flat at 0.2% in June and producer prices fell by 0.8% year-on-year
ChinaHigh debts put onus on productivity to lift GDP growth
Advanced economies’ public debt ratios are the highest since 1948, but productivity growth is weak
InternationalJapan rate rises will help the yen and domestic demand
The yen has declined steadily in dollar and trade-weighted terms but rate rises ahead raise hopes of a change of trend
JapanFood prices have likely entered a higher ‘new normal’
World food prices continued to ease in June, led by cereal and meat, although remain far above 2013-18 levels
InternationalUS Cannabis advocates will back Democrats
The US president is not going as far on relaxing cannabis laws as some would like, but he is pursuing change
United StatesWorld trade rebound will remain milder than past rates
World trade volumes grew by about 2% in the first half of the year
InternationalCarbon removal technologies face an uncertain future
Interest and investment in carbon removal technology is rising
InternationalFrance will drag down euro-area growth this year
France’s services PMI contracted for a second month but the euro-area measure was more positive
EU
