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Markets6 days ago

China Wholesale Inflation Jumps to 5.7% as Consumer Prices Slow Down

China's producer prices expanded at their quickest pace since mid-2022, but consumer inflation dropped to 0.7% amid soft domestic demand.

2 min read

Words to know

gross domestic productThe total monetary value of all finished goods and services produced within a country during a specific period.producer price indexA metric that tracks the average change in selling prices received by domestic producers for their output.core inflationA measure of inflation that leaves out volatile items like food and energy.BenchmarkA standard test used to compare AI models or chips.