The Iran War's Unseen Hand: How Global Volatility is Reaching China's Factories The recent acceleration of factory gate price growth in China has been driven by global market volatility, particularly in energy markets.
The producer price index rose 3. 8% year on year in August, outpacing economists' projections and marking a significant jump from July's 3. 5%.
This surge is largely due to the ongoing US Israel war on Iran, which continues to disrupt global supply chains.