China Consumer Inflation Accelerates Modestly

HONG KONG — China’s consumer inflation picked up in April and factory price pressures remain elevated as the Covid-19 lockdown clogs logistics networks and the Ukraine war pushes up global energy prices go to high place.

China’s consumer price index in April rose 2.1% from a year earlier, official data showed on Wednesday, the fastest pace in five months – up from 1.5% the month before. 3 and topped the median forecast of 2% of economists polled by the Journal.

https://www.wsj.com/articles/china-inflation-accelerates-modestly-11652251867?mod=pls_whats_news_us_business_f China Consumer Inflation Accelerates Modestly

Edmund DeMarche

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