China’s producer prices climbed in March by the most since July 2018 on surging commodity costs, adding to worries over rising global inflation as the pandemic recedes. The producer price index rose 4.4% from a year earlier after gaining 1.7% in February, the National Bureau of Statistics said on Friday, higher than the 3.6% median estimate in a Bloomberg survey of economists. The consumer price index increased 0.4% after falling for two straight months. After months of deflation, producer prices have started to pick up sharply this year as the cost of oil, copper and agricultural goods rallies. As the world’s biggest exporter, China’s rising prices threaten to stoke inflation around the wo
Hence then, the article about china s factory price surge deepens global inflation worries was published today ( ) and is available onGulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( China’s factory price surge deepens global inflation worries )