Chinese factory price hikes spark global inflation fears

Clothes factory China

Prices charged by factories in China have risen at the steepest rate for more than three years, sparking inflation fears across the globe. 

Data from China’s National Bureau of Statistics revealed that the producer price index jumped 6.8% in the year to April, up from 4.4% the previous month. 

The scale of the price increases also outstripped the 6.5% that had been predicted by analysts. 

The increase in factory gate inflation was driven by a spike in commodity prices – the cost of raw materials increased 15% in the year to April. 

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.