Inflation in China: Record factory prices amid power shortages increase risks for world No. 2 economy

Inflation in China: Record factory prices amid power shortages increase risks for world No. 2 economy



China’s record high inflation at factory gates has increased the risk of stagflation, but rising coal prices, which have forced factories to charge more for their products, are unlikely to rise at the same pace for long, analysts said exacerbated economic problems from increased coal prices, which helped to drive the producer price index (PPI) from 9.5 percent year-on-year in August to a new high of 10.7 percent in September. The increase in….

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China’s record high inflation at factory gates has increased the risk of stagflation, but rising coal prices, which have forced factories to charge more for their products, are unlikely to rise at the same pace for long, analysts said exacerbated economic problems from increased coal prices, which helped to drive the producer price index (PPI) from 9.5 percent year-on-year in August to a new high of 10.7 percent in September. The increase in….

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