China PPI Surges to Four-Year High, but CPI Shows Little Sign of Stronger Demand

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China’s producer price inflation accelerated sharply in September, reaching its highest level since June 2022, as rising energy and commodity costs intensified pressure on manufacturers. PPI jumped from 3.8% yoy in August to 5.0% yoy, exceeding expectations of 4.5%. Producer prices also rose 1.2% month-on-month. However, the surge in factory-gate inflation contrasted with persistently subdued […]The post China PPI Surges to Four-Year High, but CPI Shows Little Sign of Stronger Demand appeared first on ActionForex.