Economic Indicators - July CPI growth slowed to 0% from 0.1% in June, while PPI's year-on-year decline remained at 3.6%[6] - The year-on-year decline in PPI's month-on-month change narrowed to 0.2% from 0.4% in June[6] Export and Trade - High-frequency indicators suggest a potential decline in August exports, indicating a gradual retreat from previous "export rush" effects[1] - July's dollar-denominated import/export growth rates improved to 4.1% and 7.2% respectively, up from 1.1% and 5.9% in June[6] Real Estate Market - New home transaction area in 44 cities saw a year-on-year decline widen to 24.4% from 21.4% the previous week, with first-tier cities experiencing a 39.2% drop[61] - Second-hand home transaction area in 22 cities also saw a decline widen to 3.1% from 3.0%[61] Commodity Prices - Brent crude oil prices fell 4.7% to $66.4 per barrel, while COMEX gold prices rose 1.2% to $3,404 per ounce[3] - Domestic copper and rebar prices increased by 0.2% and 0.1% respectively, while coking coal and cement prices rose by 1.7% and 0.7%[3] Financial Market Trends - Interbank liquidity showed marginal easing, with the RMB appreciating 0.39% against the USD[4] - Net issuance of interest rate bonds increased to 808.5 billion yuan, a year-on-year rise of 2.7%[4]