BUSINESSBLOOMBERG
China’s Inflation Cools as Oil Shock of Iran War Starts to Ease
China's factory-gate inflation eased for the first time since the Iran war broke out, while consumer prices also decelerated. These signs indicate that cost pressures resulting from the oil shock are starting to fade.
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Adjacent reporting
- China consumer, wholesale inflation tops estimates in April as Iran war drives energy costs higher
- China’s factory price jump contrasts with muted consumer inflation
- China's reduced oil purchases help keep global prices lower
- Iran war shows China role in setting the price of oil
- Chinese manufacturing slows as Iran war strains economy