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China’s Inflation Cools as Oil Shock of Iran War Starts to Ease

Bloomberg Markets Sunday 09 August 2026, 01:46 UTC By Bloomberg News 1 min read
Key Points

China’s Inflation Cools as Oil Shock of Iran War Starts to Ease China’s factory-gate inflation eased for the first time since the Iran war broke out in late February while consumer prices also decelerated, in another sign that cost pressures from the oil shock are starting to fade. The producer price index rose 3.5% in July from a year earlier, slower than expected and compared with a gain of 4.1% in the previous month, according to data published by the National Bureau of Statistics on Sunday.

China’s Inflation Cools as Oil Shock of Iran War Starts to Ease China’s factory-gate inflation eased for the first time since the Iran war broke out in late February while consumer prices also decelerated, in another sign that cost pressures from the oil shock are starting to fade. The producer price index rose 3.5% in July from a year earlier, slower than expected and compared with a gain of 4.1% in the previous month, according to data published by the National Bureau of Statistics on Sunday.
China (LOCATION) Inflation Cools (PERSON) Iran War Starts (EVENT) the Iran war (EVENT) the National Bureau of Statistics (ORG)
Originally published by Bloomberg Markets Read original →

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