China's factories snap years-long deflation spell on Iran war price shock - Reuters
China's factories snap years-long deflation spell on Iran war price shock Reuters
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Notable Quotes
"US inflation jumped sharply in March, marking the biggest month-on-month increase in prices since at least 2008, when our PriceStats data series began."
— Michael Metcalfe , Executive
"So far supply disruptions have not occurred in a material way."
— Jacqueline Rong , Academic
"If it is months, rather than weeks, then the supply disruptions... would manifest itself in disrupting industrial production and services."
— Jacqueline Rong , Academic
"China’s economy appears to have weathered the energy shock from the Iran war well."
— Zichun Huang , Academic
"It is likely that the fallout from the Iran war will grow over the coming months."
— Zichun Huang , Academic
Key People
Former president of the United States known for his aggressive economic policies.
Chief China Economist at BNP Paribas, a French bank.
Head of macro strategy at State Street Markets.
Xi Jinping is the General Secretary of the Communist Party of China and President of China.
China economist at Capital Economics.
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<a href="https://news.google.com/rss/articles/CBMiqgFBVV95cUxNS2hLT2FuVTBnTlFRZWdNV0NuRW56VUxLVHFjUTI1X21xMmdtMDVOci1TYzgyZFZWYnl6Slp1dUtKZFdvSi1mWHBxRnJXNUllMGFmMnFndUtpcV9fby1TajRSQmtORHJTUEZHUHdFc3NsUWN6TGlsOEdPbGtEY0ZXNG9HSVlPb3g3WUJlLVc2MlM2S1NFa256Vkw3SExLRWM0RGNIanRaTTJoQQ?oc=5" target="_blank">China's factories snap years-long deflation spell on Iran war price shock</a> <font color="#6f6f6f">Reuters</font>
China's factory-gate prices rose for the first time in 3.5 years in March, influenced by the Middle East conflict.
Oil prices rise amid skepticism over the Iran war ceasefire; China's factory gate costs increase for the first time in four years.
China's factory activity expanded in March, ending two months of contraction, but analysts warn of potential impacts from the Iran war.
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