China August CPI and PPI tick higher amid Middle East energy jitters
China’s consumer and factory-gate prices edged higher in August. The producer-price index rose 3.8% year-on-year, accelerating from July’s 3.5%, according to National Bureau of Statistics data.
China's consumer and factory-gate prices edged higher in August, fueled by energy-market jitters tied to renewed tensions in the Middle East.The producer-price index climbed 3.8% in August from a year earlier, accelerating from July's 3.5% increase, data from the National Bureau of Statistics showe…