China’s factory-gate prices rose for the first time in more than three years while consumer inflation moderated in March, amid a surge in oil prices as the Iran war upended global energy markets. The consumer price index climbed 1% in March from a year earlier, missing economists’ forecast for a 1.2% growth in a Reuters poll and slowing from a 1.3% rise in February, according to data released by the National Bureau of Statistics on Friday. Producer prices climbed 0.5% from a year earlier, the first growth since September 2022, ending their longest deflationary streak in decades. The war between the U.S. and Iran, now ... (full story)