Chinese producer price pop pains policymakers

Capt. John

The People’s Republic has an unusual inflation problem. A commodities rally exacerbated by domestic speculators pumped up the producer price index by a whopping 9% in May, the fastest gain since 2008. Consumer inflation, on the other hand, rose a tepid 1.3%. Companies appear unable to pass higher...

https://www.hellenicshippingnews.com/chinese-producer-price-pop-pains-policymakers/

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