CNBC
US · 4 hrs ago
✦ 45◉ Centre
China consumer, wholesale inflation tops estimates in April as Iran war drives energy costs higher
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China's consumer and wholesale inflation rose above forecasts in April, attributed partly to energy cost increases linked to regional tensions, though China's oil reserves and renewable energy investments have limited the impact.
China consumer, wholesale inflation tops estimates in April as Iran war drives energy costs higher
China has cushioned the worst of the energy shock through its strategic oil stockpiles and a diversified mix of renewable energy sources.
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