China Producer Inflation Nears 4-Year High

AI Summary

China's producer prices rose 3.9% year-on-year in May 2026, reaching the fastest pace since July 2022. The increase was driven by surging global commodity and energy prices amid supply disruptions linked to the Iran war.

China’s producer prices increased 3.9% year-on-year in May 2026, accelerating from a 2.8% rise in the previous month and matching market forecasts. It was the third consecutive monthly increase and the fastest pace since July 2022, driven by soaring global commodity and energy prices amid supply disruptions stemming from the war in Iran. Beijing’s efforts ...