The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
China's factory inflation hit a 45-month high in May, driven by a significant shock in energy prices. Car sales in China fell by 21.5% in April, with internal combustion engine sales declining by over 30%. Additionally, the producer price index rose by 6.0% year-on-year, signaling the end of a nearly four-year deflationary cycle.