China’s factory gate inflation jumped to a 13-year high last month. China’s coal prices soared to a record high on Tuesday over supply concerns as major coal regions began fresh rounds of safety checks. “We doubt producer price inflation will rise much further,” he said. Declines in airfares, travel and hotel room prices due to the pandemic slowed consumer inflation on a monthly basis, Dong said. China’s consumer price inflation, which is likely to stay muted, would not constrain a slight loosening stance, she added.

Source: Taipei Times September 09, 2021 15:56 UTC