South China Morning Post

China’s imported inflation accelerates as PPI up most since 2022 amid Iran war

China’s factory-gate price growth continued to accelerate last month amid the ongoing US-Iran conflict that is fuelling uncertainties in the global energy market, while consumer inflation remained subdued. The producer price index (PPI) rose 5.7 per cent year on year in October, according to data released by the National Bureau of Statistics on Monday. It marked another record high since mid-2022, following a 5 per cent rise in September. The reading beat a projection of 5.37 per cent from...

By South China Morning Post

1 min read
China’s imported inflation accelerates as PPI up most since 2022 amid Iran war
AI-generated illustration

Got news to share with the events industry?

Submit a press release or story tip and reach thousands of event professionals.

Get in touch→

More in Banking & Finance

Related Insights