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China's factory inflation hits 3-year high as energy costs surge | Collector
China's factory inflation hits 3-year high as energy costs surge

China's factory inflation hits 3-year high as energy costs surge

China's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consumer inflation stayed at 1.2%. Economists warned that rising costs could pressure businesses and weigh on already weak consumer spending.

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