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China's National Bureau of Statistics said July food, tobacco and dining prices fell 0.8% YoY, subtracting about 0.22 ppt from CPI. Food: meat prices fell 6.0% YoY, reducing CPI by about 0.25 ppt; pork down 13.3% YoY. Dairy -1.5% YoY (-0.02 ppt); fre

2026-08-09

China's National Bureau of Statistics said July food, tobacco and dining prices fell 0.8% YoY, subtracting about 0.22 ppt from CPI. Food: meat prices fell 6.0% YoY, reducing CPI by about 0.25 ppt; pork down 13.3% YoY. Dairy -1.5% YoY (-0.02 ppt); fresh fruit -1.1% YoY (-0.02 ppt); eggs +14.4% YoY (+0.07 ppt). Among the seven other major CPI groups, six rose and one fell: other goods & services +5.8% YoY; healthcare +2.9%; clothing +1.4%; education, culture & entertainment +1.3%; household goods & services +0.8%; transport & communication +0.4%; housing -0.3%.

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2026-08-09

Elon Musk said Starlink’s third-generation satellites (V3), planned to be launched by Starship, would deliver roughly an order-of-magnitude improvement in overall performance versus the current Falcon-launched second-generation (V2) fleet. He said Sp

Elon Musk said Starlink’s third-generation satellites (V3), planned to be launched by Starship, would deliver roughly an order-of-magnitude improvement in overall performance versus the current Falcon-launched second-generation (V2) fleet. He said SpaceX plans to deploy an order-of-magnitude larger V3 fleet and later iterations alongside remaining V2 and handset-direct satellites, raising total bandwidth to more than 100x that of V2. Musk forecast V2’s ARR this year at $20bn and said SpaceX’s communications revenue could exceed $200bn even if revenue per gigabit falls to one-tenth.
2026-08-09

China July PPI MoM -0.7%, prior -0.3%.

China July PPI MoM -0.7%, prior -0.3%.
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