China’s producer prices climbed the most since July 2018 as commodity costs surged, a worrying sign for policy makers seeking stable inflation and adding to global risks.
The producer price index rose 4.4% in March from a year earlier after gaining 1.7% in February, the National Bureau of Statistics said Friday, higher than the 3.6% median estimate in a Bloomberg survey of economists. The consumer price index increased 0.4% from a year earlier after falling for two straight months.
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