Hong Kong’s Hang Seng drops around 2% as Asia markets slip; China’s inflation rises

Hong Kong’s Hang Seng drops around 2% as Asia markets slip; China’s inflation rises

  • Asia-Pacific shares fell on Wednesday as investors digest inflation data from China and look ahead to the U.S. CPI report.
  • China’s consumer prices increased 2.7% in July compared with the same period in 2021, the most since July 2020.
  • Economists predict that consumer inflation in the U.S. will come in at 8.7%, compared with 9.1% in June, according to Dow Jones.

https://www.cnbc.com/2022/08/10/asia-markets-china-inflation-cpi-earnings-economic-data.html


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