China's April Inflation Rises, Factory Prices Surge to Post-Covid High
China's Consumer Price Index (CPI) rose to 1.2% in April, while the Producer Price Index (PPI) surged to 2.8%, marking a post-Covid high for factory inflation due to a commodity spike. This indicates significant inflationary pressure within the Chinese economy.
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China’s Factory Inflation Hits Post-Covid High After Cost Shock - Bloomberg.com
China’s Factory Inflation Hits Post-Covid High After Cost Shock Bloomberg.com
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