A sharp rise in raw material prices recently has put pressure on the profit margins of Chinese firms, raising fears it could stoke inflation. Photo: AP
China inflation risks remain low despite unexpected surge in US, say analysts
- An unexpected rise in US consumer prices last month spooked financial markets, raising speculation about the threat of higher inflation across the globe
- There are signs higher raw material prices are pushing up product prices in China, although analysts do not see that translating into above-target inflation
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A sharp rise in raw material prices recently has put pressure on the profit margins of Chinese firms, raising fears it could stoke inflation. Photo: AP
