Germany July preliminary CPI YoY 2.8 pct vs est 2.7 pct; June 2.3 pct.

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China’s total electricity consumption rose 5.3% YoY in 1H, the National Energy Administration said. Tertiary-sector demand expanded rapidly: charging and battery-swapping services consumed 81.0 bln kWh, up 56.9% YoY, and internet data services consumed 49.4 bln kWh, up 44% YoY; together they added 0.9 percentage point to overall power-demand growth. The NEA cited rapid expansion of new-energy vehicles, AI and other high-tech industries as the main drivers.