16-July-2026
Economy News
 
China's factory inflation hits 3-year high as energy costs surge
10-Jun-2026

China's producer prices rose for a third straight month in May to the highest since July 2022, while consumer prices stayed elevated as global energy prices piled cost pressures on manufacturers and drove up costs of living for households. Cost pressures from the Iran war could squeeze corporate profits and further subdue domestic consumption, although global AI-related demand provided a boost for some sectors.

News Source:- https://economictimes.indiatimes.com/news/international/business/chinas-factory-inflation-hits-3-year-high-as-energy-costs-surge/articleshow/131625002.cms