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China's factory inflation hits 3-year high as energy costs surge
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.
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global.chinadaily.com.cn
Producer prices point to better supply-demand dynamics
China's factory-gate inflation grew in May at the fastest year-on-year rate since July 2022, even as consumer inflation remained moderate, adding to signs of strengthening…
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China's PPI extends recovery for third month, CPI stays mild
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.
