2027 global economy: risks of slowdown, recession, but not Great Depression
Global economy faces 2027 risks: AI correction, oil above $117, China weakness, but 2008-style collapse not yet signaled.
China's August CPI rose 0.8% y/y, matching forecasts, while PPI climbed 3.8%, slightly above expectations.
China released its inflation data for August 2026 on Friday.
The consumer price index (CPI) climbed 0.8% from a year earlier, the National Bureau of Statistics (NBS) reported, citing higher energy costs.
On a month-over-month basis, the CPI rose 0.4%.
The producer price index (PPI) increased 3.8% from a year ago.
The PPI was up 0.4% from the previous month.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Global economy faces 2027 risks: AI correction, oil above $117, China weakness, but 2008-style collapse not yet signaled.
A preview of the week ahead: Fed decision, Big Tech earnings and key macroeconomic data.
The US is expected to remove 50% tariffs on some Canadian agricultural products as soon as today, per a WSJ report.
European equity indices posted weekly losses, French bond yields rose sharply, and crude oil climbed above $103. U.S. stocks were mixed with tech recovering.