China’s factory inflation reaches 45-month high amid energy price shock
Crypto Briefing
China's producer prices surged by 2.8% in April 2026, driven by energy supply disruptions caused by the conflict in Iran.Summary
China's Producer Price Index rose 2.8% in April 2026, ending a 41-month deflationary period. This spike is primarily attributed to an energy price shock resulting from the war in Iran, which has disrupted supply routes through the Strait of Hormuz. While headline inflation has risen, core inflation remains low at 0.7%, indicating a supply-side shock rather than a domestic demand recovery. For the crypto industry, rising global energy costs threaten Bitcoin mining margins, which could impact operational viability as energy expenses filter through global markets.
(Source：Crypto Briefing)