Annual inflation in China accelerated in April to 2.5%

In April, the annual consumer price inflation in China was 2.5%, having accelerated from March's value of 2.3%, data from the National Bureau of Statistics showed. Inflation reached its highest level since October 2018 amid rising food prices. Food prices rose by 6.1% compared with the same month a year earlier, after a 4.1% increase in March. The cost of fresh vegetables jumped 17.4%. Non-food prices rose in April to 1.7% from 1.8% in the previous month. The clothes went up by 1.8%, household goods - by 1.1%. Statistics also showed accelerated growth in producer prices. In April, they rose 0.9% after rising 0.4% in March. The main reason for the increase in the rate was the increase in the cost of oil and other commodities.

13.05.2019
interessante

Glencore to trim copper and zinc production targets

Glencore to trim copper and zinc production targets Glencore PLC said that it would produce slightly less copper and zinc in the year than initially planned. The world’s biggest commodity trader has trimmed their production targets from ...
25.10.2019

Offshore wind farms to invest $1.2 trillion to hit climate goals

Offshore wind farms to invest $1.2 trillion to hit climate goals An influx of new offshore wind farms around the world is set to invest an estimate of $840 billion over the next two decades, the International Energy Agency (IEA) said. The Paris-based ...
25.10.2019

Amazon shares fall 7%, forecasts below expectation

Amazon shares fall 7%, forecasts below expectation Amazon.com Inc’s forecast revenue and profit for the holiday quarter was below expectations as it faced fierce competition and rising costs from plans to speed up global delivery times. Shares ...
25.10.2019

China to request U.S. to remove tariffs in exchange for farm purchases

China to request U.S. to remove tariffs in exchange for farm purchases Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products. However, Beijing will request cancellation of some planned and ...
25.10.2019

Oil prices drop after recovering from surprise dip in U.S. inventories

Oil prices drop after recovering from surprise dip in U.S. inventories Oil prices dropped on Thursday in Asia which overlooked gains following a surprise dip in U.S. inventories. Oil prices rallied more than 1% overnight after the U.S. Energy ...
24.10.2019
errore
Contattaci con noi