Page 16 - ப்ளூம்பெர்க் பொருளாதாரம் என்கிறார் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Surging costs of imported commodities drove China’s factory-gate inflation to its highest level since 2008, raising the odds that exporters will begin passing on higher prices and boost inflationary pressures in the global economy. The producer price index climbed 9% in May from a year earlier, driven by price increases for oil, metals and chemicals, the National Bureau of Statistics said Wednesday. The median forecast in a Bloomberg survey of economists was for an 8.5% increase. Consumer inflation increased only 1.3% from a year ago, missing an estimate of 1.6% and suggesting retailers aren’t hiking prices yet due to sluggish domestic demand. Intense competition among manufacturers in China, which is the world’s top exporter, has had a deflationary impact on global consumer prices since the 1990s. Now, rising costs and surging export demand mean some factories could soon start hiking prices due to low margins, just as inflation starts to pick up in the U.S. and elsewhere

Chang shuDong lijuanPeiqian liuPeople bankNatwest group plcNational bureau of statisticsNational bureauMichelle lamGreater chinaSociete generaleBloomberg economics saysNatwest groupFactory gate inflationDomestic demandசாங் ஷுமக்கள் வங்கி