China’s producer prices rise at unexpectedly fast pace, despite efforts to cool commodities costs
BEIJING—China’s factory-gate prices rose at an unexpectedly fast clip in July, matching the highest level in more than 12 years as crude oil and coal prices soared—though economists say the price pickup is unlikely to last.
China’s producer-price index rose 9.0% from a year earlier, the National Bureau of Statistics said Monday—faster than June’s 8.8% year-over-year increase and the 8.8% gain forecast by economists polled by The Wall Street Journal. July’s increase matched May’s 9.0% year-over-year jump, which marked the biggest surge in producer prices since September 2008.
On a month-over-month basis, China’s producer prices rose 0.5% in July, faster than June’s 0.3% advance., including restricting steel exports and cracking down on speculative behavior.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
German exports jump despite supply bottlenecks in industryGerman exports rose more than expected in June despite persisting supply bottlenecks in manufacturing, data showed on Monday, suggesting a solid recovery in Europe's biggest economy.
Consulte Mais informação »
Olympics Closing Ceremony: Tokyo 2020 Comes to a Predictably Surreal, Somber EndIOC chairman Thomas Bach used his closing-ceremony speech to thank the Olympics athletes for “giving millions around the world hope” during the pandemic and the people of Japan for hosting the Games amid unprecedentedly trying circumstances
Consulte Mais informação »
Olympics Closing Ceremony: Tokyo 2020 Comes to a Predictably Surreal, Somber CloseDespite the courageous and determined efforts of the host nation, the Summer Games came to a surreal and somewhat saddening conclusion Sunday night.
Consulte Mais informação »
Olympics Closing Ceremony: Tokyo 2020 Comes to a Predictably Surreal, Somber CloseDespite the courageous and determined efforts of the host nation, the Summer Games came to a downbeat conclusion in Tokyo on Aug. 8.
Consulte Mais informação »
Equestrian-Sweden take team show jumping gold in thrilling jump-offSweden's Peder Fredricson, Malin Baryard-Johnsson and Henrik von Eckermann won team show jumping Olympic gold after a thrilling jump-off which left the U.S. team, including singer Bruce Springsteen's daughter Jessica, with silver on Saturday.
Consulte Mais informação »