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China Inflation Rises as Lockdowns, Ukraine War Drive Up Prices
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SINGAPORE—Inflation in China picked up in March as soaring global commodity prices and lockdowns in major cities drove up prices for consumers and businesses.
The overall inflationary picture in China remains far more benign than in the U.S. and other major economies, though, giving the government and central bank ample room to support the slowing economy with stimulus.
Read more on wsj.comAbout this in other media
Tesco to ration cooking oil purchases as war in Ukraine hikes food prices theguardian.com /2 years ago
Global Growth Outlook Ebbs in Face of Ukraine War, China Slowdown wsj.com /2 years ago
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