China's July CPI Rises 0.5% Year-on-Year
China's July CPI rose 0.5% year-on-year, the slowest since January, as falling gasoline prices offset AI-driven electronics gains and summer travel demand.
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China's July CPI rose 0.5% year-on-year, the slowest since January, as falling gasoline prices offset AI-driven electronics gains and summer travel demand.
China's NBS reports rising enterprise costs and profit differentiation across industries, with mid-to-downstream firms facing temporary pressures.
US producer prices rose 6.5% in May, the largest yearly jump since 2022, driven by soaring energy costs from the Iran war and Hormuz closure.
U.S. inflation hit 4.2% in May, highest in 3 years, as Iran war drove gas prices up 40%. Producer prices surged 6.5%, biggest jump since 2022.
China's May CPI rose 1.2% year-on-year, unchanged from April, while PPI surged 3.9%, widening the gap between producer and consumer prices.