China's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consumer inflation stayed at 1.2%. Economists warned that rising costs could pressure businesses and weigh on already weak consumer spending.

PPI rises 3.9% as industrial prices accelerate on equipment upgrades and AI demand, while CPI growth stays flat amid subdued domestic demand

China's factory-gate prices rose further in May, extending their recovery for a third consecutive month, while consumer inflation remained mild, official data showed on Wednesday.

China's consumer price index (CPI), a main gauge of inflation, rose 1.2 percent year-on-year in May, official data showed Wednesday. The core CPI, which excludes food and energy…