China logs first producer-price uptick in 41 months as import costs rise
TL;DR Summary
China’s factory-gate prices rose 0.5% year-on-year in March, ending a 41-month streak of declines, while CPI climbed 1% YoY but fell 0.7% month-on-month, signaling rising import-cost pressures linked to the Middle East crisis.
- China sees first producer inflation in over three years Reuters
- China factory prices return to growth after 3 years, beating expectations on surging oil prices CNBC
- Middle East Energy Shock Snaps China’s Deflationary Streak WSJ
- China's factories snap years-long deflation spell on Iran war price shock Reuters
- China flashes additional signs of reflation as Iran War impact emerges ING THINK economic and financial analysis | ING THINK
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