China's consumer prices increased at a steady pace in February, while producer price inflation slowed to an eight-month low, data from the National Bureau of Statistics showed on Wednesday.Consumer prices advanced 0.9 percent year-on-year in February, the same rate as seen in January and in line with economists' expectations. On a monthly basis, consumer prices gained 0.6 percent after a 0.4 perce...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.