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China CPI Jumps as Middle East Crisis Pushes Energy Costs Higher

Summary by Oil Price
China's consumer inflation accelerated to 1.2% in April, topping analyst estimates, as the Middle East crisis drove a surge in energy prices. The Chinese consumer price index (CPI) rose by 1.2% last month from a year earlier, accelerating from 1% annual inflation in March, data from China's National Bureau of Statistics showed on Monday. The CPI exceeded an analyst consensus estimate of 0.9% inflation last month. The core inflation, which exclud…

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China DailyChina Daily
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Lean Left

China's CPI up 1.2% in April

·China
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The data released by the National Department of Statistics contradicts the expectations of analysts, who predicted a decrease, from the value of 1% recorded in March, to 0.8%.

·Portugal
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Lean Right

Inflation in China rose unexpectedly in April, reports the Chinese statistics bureau NBS. The rise in consumer prices in the world's second-largest economy was primarily caused by higher oil prices due to the war in the Middle East. Increased demand for holiday travel due to various holiday periods in certain parts of the country also boosted inflation.

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FXStreet broke the news on Sunday, May 10, 2026.
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