ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and ...
Read More »China’s factory prices give global inflation unexpected lift
Bloomberg Inflationary pressure emanating from the factory to the world is proving more resilient than economists have anticipated. China’s producer-price inflation accelerated to 6.3 percent in August from a year earlier, exceeding all but one of 38 estimates in Bloomberg’s survey of economists. That data released followed 5.5 percent readings in the prior three months and was unexpected for analysts, ...
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