What parts of the world are seeing the highest wholesale inflation? Here is a ranking of countries with the highest rates of growth in their producer price index, or PPI:
Denmark's consumer price inflation increased in April to the highest level in four months. The consumer price index rose 1.4 percent year-over-year in April, faster than the 1.2 percent increase in March. he upward trend in inflation was driven by a 3.3 percent growth in transport charges, mainly driven by a surge in fuel costs, which surged 19.3 percent.
Turkey's retail sales growth accelerated in March to the highest level in more than two years. The volume of retail sales surged 21.2 percent on a yearly basis in March, faster than the 15.6 percent increase in February. Moreover, this was the fastest growth since February 2024, when sales rose 25.8 percent.
Romania's foreign trade deficit increased in March from a year ago as exports grew faster than imports. The trade gap rose to EUR 2.93 billion in March from EUR 2.86 billion in the corresponding month last year. In February, there was also a shortfall of EUR 2.42 billion. Exports climbed 6.2 percent year-on-year in March, and imports rose by 5.3 percent.
China's inflation unexpectedly accelerated and factory gate inflation hit a 45-month high in April as the war in the Middle East stoked energy prices, official data showed Monday. Consumer price inflation rose to 1.2 percent in April from 1.0 percent in March, the National Bureau of Statistics reported. Prices were expected to climb 0.9 percent.