
Oil Shock Lifts China’s PPI as Inflation Watch Tightens
China's producer price index rose 0.5% year over year in March—the first positive reading in more than three years—while consumer prices rose 1%, below forecasts. Oil-market volatility driven by the Iran conflict has pushed Brent near $97 a barrel and gasoline up about 11% month over month, lifting input costs and fueling concerns about potential inflationary pressures even as policy easing remains cautious. Analysts warn margins could be squeezed if costs stay elevated, though China benefits from stockpiles and policy flexibility; first-quarter PPI remains down 0.6% year over year.













