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China’s May factory gate inflation nears four-year high | Collector
China’s May factory gate inflation nears four-year high

China’s May factory gate inflation nears four-year high

BEIJING:China’s producer prices rose for a third straight month in May to the highest since July 2022, while consumer prices stayed elevated as global energy prices piled cost pressures on manufacturers and drove up costs of living for households. Cost pressures from the Iran war could squeeze corporate profits and further subdue domestic consumption, although […]

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