China’s Factory-Gate Inflation Surges to Nearly Four-Year High as Iran War Drives Energy Shock Through Economy - Tekedia

China’s producer prices rose 2.8% in April, the fastest in 45 months and above forecasts, as the Middle East conflict pushed up oil and industrial input costs.

Consumer inflation also ticked up to 1.2%, but weak food prices show domestic demand remains soft.

The data points to cost-push inflation from global energy shocks rather than a strong demand recovery.

Rising input costs could squeeze manufacturers’ margins and make China’s economic rebound harder to sustain.