China’s wholesale inflation tops estimates in August on commodity costs, tech demand as consumer price increases meet forecast

The producer price index increased 3.8%, exceeding economists’ forecast for a 3.6% gain and outpacing July’s 3.5%, the weakest in three months. Consumer prices rose 0.8% in August from a year ago, in line with economists’ estimates in a Reuters poll, and accelerating from July’s 0.5% gain. Pedestrians walk past an Apple Store at the Taikoo Li Sanlitun shopping complex on Aug. 22, 2026, in Beijing, China. Cheng Xin | Getty Images

China’s consumer and wholesale inflation rebounded in August, as higher global commodity costs

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