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China's factory inflation hits 17-month low, consumer prices accelerate

China’s factory inflation hits 17-month low, consumer prices accelerate

A worker walks past rolls of steel at the Chongqing Iron and Steel Factory in Changshou, Chongqing, China August 6, 2018. REUTERS/Damir Sagolj/File Photo Join now for FREE unlimited access to Reuters.com Register July producer inflation at lowest since February 2021 July consumer inflation at a 2-year high PBOC should remain dovish to boost growth …

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OPEC+ agrees to small production increase in Biden setback

OPEC+ agrees to small production increase in Biden setback

OPEC to raise production target by 100,000 bpd from September OPEC faces production challenges to meet existing targets US seeks OPEC production boost to counter Russia Biden trip, US arms sales did not convince DUBAI/LONDON, Aug 3 (Reuters) – OPEC+ is set to raise its oil production target by 100,000 barrels a day, an amount …

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