Producer prices in China rise at fastest pace since June 2022, beating expectations
The increase was higher than the 4.5% expected by economists polled by Reuters, and higher than the 3.8% seen in the previous month.
According to CNBC, the increase was higher than the 4.5% expected by economists polled by Reuters, and higher than the 3.8% seen in the previous month.
This business story centres on China.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- China · Asia
- Reported by
- CNBC
- First reported
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at CNBCSpotted an error? Request a correction · How this summary was produced
Related Stories
China's exports likely grew by double-digits in September
The country's customs agency is due to release September trade data on Wednesday.
Graduate student accused of poisoning colleague and trying to flee to China arrested at LAX
Microbiologist Aili Wang, 32, poisoned tea of colleague in Wyoming who had pending patents, prosecutors allege A Wyoming microbiology graduate…
Goldman says investors are looking for 'profitable' Chinese business growth overseas
Sluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.
‘Once Upon in the Middle East’ Review: China’s Oscar Entry Is a Breakneck Blockbuster That Mixes Food Porn With Wartime Devastation
Not since Zhang Yimou’s 2002 wuxia spectacle “Hero” has China landed an Oscar nomination for Best International Feature — and this dry spell surely…
Taiwan agrees to buy 30% of gas from Alaska LNG project, Trump says
U.S. President Donald Trump said Tuesday that Taiwan had agreed to buy 30% of the gas from a pipeline project in Alaska.
Oil rises amid growing Mideast tensions between Iran-backed Houthis and Saudi Arabia
Worries over supply disruptions due to escalating tensions in the Middle East helped to push oil prices higher.
Israeli attacks kill one in Gaza, wound journalists in occupied West Bank
A year into the ceasefire, nearly two-thirds of Gaza is in Israeli hands and Netanyahu vows control of the West Bank.
Singapore third-quarter GDP growth softens from four-year high but beats estimates
The GDP print beat expectations of a 5% growth from economists polled by Reuters.