China's inflation accelerated unexpectedly on energy prices in April, data from the National Bureau of Statistics showed Monday.Consumer price inflation rose to 1.2 percent in April from 1.0 percent in March. Prices were expected to rise 0.9 percent. At the same time, core inflation edged up to 1.2 percent from 1.1 percent a month ago. Another data from the NBS showed that producer prices increase...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.