BEIJING, March 9 (Reuters) - China's consumer inflation accelerated to the highest in more than three years due to the effects of the Lunar New Year holiday, while producer deflation persisted as weak demand remained a drag on an economy facing stiff external challenges.

India’s Wholesale Price Index rose to 2.13% in February 2026, the highest in 11 months. Inflation increased from 1.81% in January and 0.96% in December, marking the third straight monthly rise. Manufactured products inflation climbed to 2.

Top economist David Rosenberg thinks the hit to demand from high oil prices will outweigh any inflationary shock over the long run.

China's consumer inflation recorded the biggest jump in more than three years, as an extended holiday bolstered spending.

Associate Professor of Finance, Andrews University, USA, Prof Williams Peprah has cautioned that Ghana could face deflation if the government continues its aggressive approach to reducing inflation.

The China 'deflation doom loop' story certainly looks like it's aged poorly, as inflation continues to trend higher.