China consumer, wholesale inflation tops estimates in April as Iran war drives energy costs higher
A shopper walks past a Coach retail store inside a shopping mall on March 24, 2026 in Shenzhen, Guangdong province, China. Cheng Xin | Getty Images China’s consumer and producer inflation jumped more than expected in April as the Middle East conflict drives commodity costs higher. Consumer prices ticked up 1.2% in April from a…