TechBloomberg Tech1h ago
Chinese Producer Inflation Hits 5.7% for Post-Covid Era High
TL;DRChina's factory costs hit their highest in two years, driven by energy prices.
Why it matters: Rising production costs could pressure tech hardware prices globally if manufacturers pass expenses forward.
China’s producer inflation accelerated to the fastest since June 2022 as more expensive energy raised factories’ costs but failed to prevent a slowdown in consumer-price growth.
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