China's factories snap years-long deflation spell on Iran war price shock - Reuters

China's factories are experiencing a resurgence of inflation, driven by an "Iran war price shock." This development marks a significant shift, as the nation's industrial sector had previously faced deflationary pressures. The price shock from the Iran war is directly impacting production costs, leading to higher factory gate prices. This inflationary jolt could affect global supply chains and consumer prices for goods manufactured in China.