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  1. U.S. Labor Productivity Continues To Tumble In Q2

    by , 08-10-2022 at 06:28 PM
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    A report released by the Labor Department on Tuesday showed U.S. labor productivity continued to slump in the second quarter of 2022, while labor costs continued to soar. The Labor Department said labor productivity tumbled by 4.6 percent in the second quarter after plummeting by a revised 7.4 percent in the first quarter.

  2. China Inflation At 2-Year High

    by , 08-10-2022 at 12:23 PM
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    China consumer price inflation accelerated to the highest in two years in July driven by pork prices, while factory gate inflation continued to ease, official data revealed Wednesday. Consumer price inflation rose to a two-year high of 2.7 percent in July from 2.5 percent in June, the National Bureau of Statistics reported. But the rate was below economists' forecast of 2.9 percent.