China's PPI Steadies in June

The transcript discusses the robustness of economic demand amidst regulatory curbs, focusing on China's PPI and its implications for factory profits and debt servicing. It highlights the lack of correlation between PPI and consumer prices, suggesting a potential decline in PPI. The fading China reflation story is seen as a concern for global inflation, with central banks disappointed by the lack of inflation despite global growth. China's role as a major trading nation and its impact on global inflation are also examined.

What overall theme regarding PPI is suggested for the rest of the year?

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What are the implications of the fading China reflation story for global inflation?

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