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China PPI down 3.6% YoY in April

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Rihard Jarc's avatar
Rihard Jarc
@rihardjarcMay 12
Doesn't look that good there, either. No post-lockdown boom in sight...
Tech Fund's avatar
Tech Fund
@extremetechfundMay 12Author
@rihardjarc Chinese services are strong, but manufacturing is weak. So this is an indicator that the rest of the world is entering a recession.
Rihard Jarc's avatar
Rihard Jarc
@rihardjarcMay 19
@extremetechfund yeah. Also, hearing freight prices dropped like a rock, no imports into China....
Nathan Worden's avatar
Nathan Worden
@nathanwordenMay 13
Wow China PPI really spiked during Covid
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