China's consumer prices climbed at a steady pace in August, while producer prices declined further on weak demand signaling deflationary pressures.Consumer prices rose 2.8 percent year-on-year in August, the same pace of growth as seen in July, figures from the National Bureau of Statistics showed Tuesday. Economists had forecast the rate of inflation to slow to 2.7 percent.Food prices surged 10 p...
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
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.