China's factories snap years-long deflation spell on Iran war price shock
Orientul Mijlociu
BEIJING: China's factory-gate prices rose for the first time in more than three years in March, in an early sign that the war in Iran is feeding cost pressures into the world’s second-largest economy. Economists warn that a shift to inflation driven by higher costs rather than stronger demand could leave Beijing boxed in, squeezing corporate margins, crimping growth and narrowing room for stimulus at a time when the economy is already fragile. The producer price index (PPI) increased 0.5 per
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