Rising energy prices in the run-up to Russia’s invasion of Ukraine added to Chinese inflation in February, an early sign of the pressures building in the global economy as the war sends commodity prices soaring.
Producer-price inflation slowed in China in February, to 8.8% from a year earlier, versus a 9.1% rate in January and a peak of 13.5% in October. Consumer prices rose at the same 0.9% annual pace as a month earlier.
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