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Producer inflation went up by 4.7 percent year-on-year, up from the 4.1 percent increase in May, official data showed, mainly driven by increases in the oil and gas, coal and manufacturing sectors.

Priyanka Gandhi Vadra, a leader of India's main opposition Congress party and sister of the party President Rahul Gandhi, waves to her supporters during a roadshow in Lucknow, India, on Feb 11. [Photo/Agencies]

Procurement of goods, construction and services accounted for 24.9 percent, 47.4 percent and 27.7 percent, respectively.

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Prices for imported iron ore kept increasing since early April after a slump at the end of March, before fluctuating in recent days.

Prime Minister Scott Morrison won a ballot of government lawmakers for the leadership on Friday against rival Peter Dutton.

Projects already being constructed, under construction, and waiting for construction permits will all be reviewed. Those projects will be the major targets.

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Prices of pork, a staple meat in China, have soared as the African swine fever battered the hog industry, driving up inflation. Prices began to stabilize after the country rolled out multiple measures, such as increasing subsidies to restore hog production, releasing frozen pork reserves and expanding imports.

Proposed by China in 2013, the Belt and Road Initiative aims to build trade and infrastructure networks connecting Asia with Europe and Africa along the ancient Silk Road trade routes.

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President Xi Jinping vowed to push forward China's cooperation with northern Europe while meeting leaders of two countries from the region on Monday.

President, counterpart oversee signing of multiple cooperative documents