Gate News message, April 24 — Chinese exporters are raising prices on household goods from medical catheters to swimsuits and air conditioners in March as the Iran war pushes up oil-linked input costs, signaling that global consumer inflation is likely to accelerate.
More than a dozen product categories saw sharp year-on-year price increases in March, according to customs data compiled by Trade Data Monitor and analyzed by Bloomberg, ending a sustained price decline over recent years that had helped restrain global inflation. Prices of oil-derived products and synthetic fibers rose particularly sharply, with syringes up as much as 20 percent and polyvinyl chloride surging up to 80 percent from pre-war levels. Swimsuits, ski suits, and women’s trousers reliant on polyester saw low- to mid-single digit percentage increases, while home appliances faced pressure from both higher metal and semiconductor costs.
Goldman Sachs expects Chinese overall export prices to turn positive in March for the first time in over three years, with official data due around April 25 to confirm. A 10 percent increase in oil costs typically lifts Chinese export prices by an average 50 basis points over the first year, peaking four to five months after the initial shock. Bloomberg Economics estimates above-3 percent inflation in 2026 is “back in play” across the euro area, the US and Britain as the disinflationary buffer from cheaper Chinese goods weakens.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
TradFi Fall Alert: OJUICE (Orange Juice) Falls Over 4%
Gate News: According to the latest Gate TradFi data, OJUICE (Orange Juice) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews56m ago
Iran's Nuclear Negotiation Lead Kalibaf Resigns from Talks in Islamabad; Oil Prices Jump
Gate News message, April 24 — Iran's lead negotiator Kalibaf has resigned and withdrawn from the delegation conducting talks with U.S. representatives in Islamabad, according to Iran's state television.
The development sparked a market reaction, with WTI crude oil and Brent crude rising nearly $1 p
GateNews2h ago
Iran's Lead Negotiator Qalibaf Resigns From U.S. Talks in Islamabad
Gate News message, April 24 — Mohammad Baqer Qalibaf, the head of Iran's negotiating delegation in talks with the United States in Islamabad, has resigned and withdrawn from the delegation, according to Iran's state television.
Following the development, crude oil prices rose sharply. WTI crude oil
GateNews2h ago
White House Extends Jones Act Waiver to Ease Oil Supply Tensions
Gate News message, April 24 — The White House will extend its waiver of the Jones Act, a century-old maritime law, to lower transportation costs for oil, natural gas, and other commodities within the U.S. and ease supply pressures. President Trump previously announced a temporary waiver on
GateNews2h ago
TradFi Fall Alert: XTIUSD (WTI Crude USOIL) Falls Over 2%
Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has dropped by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews3h ago
Revolut Shuts Down Commodities Trading Service in Some European Markets
Gate News message, April 24 — Revolut Ltd. is winding down its commodities service for trading precious metals in parts of Europe. The fintech company made the decision following a recent review of its local product offerings.
"We regularly review our products and services," a Revolut
GateNews3h ago
