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Asien: Inflation in China zieht im August an – Energiepreise treiben Erzeugerpreise

Die geopolitischen Spannungen und die daraus resultierenden hohen Energiepreise setzen die chinesischen Verbraucher zunehmend unter Druck. Die Verbraucherpreise steigen.

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Asien: Inflation in China zieht im August an – Energiepreise treiben Erzeugerpreise

In China, inflation accelerated in August, driven by soaring energy prices resulting from supply risks and disruptions in sea transport linked to the Middle East conflict. Both producer and consumer prices rose, according to the national statistics agency which reported on Wednesday. The producer price index increased year-on-year by 3.8 percent, up from 3.5 percent in July.

Analysts had forecast a 3.6 percent rise before the figures were released. Producer prices increased by 0.4 percent compared to the previous month, while consumer prices rose by 0.8 percent compared to the same period last year, matching expert expectations. Compared to the previous month, consumer prices grew by 0.4 percent, exceeding analysts' predictions of a 0.3 percent increase.

Consumer prices fell by 0.1 percent in July. Food prices fell 1.4 percent year-on-year, while prices for other goods rose by 1.2 percent.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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