China’s economy grows faster than expected despite Iran war
Gross domestic product (GDP) rose by 5% in the period, compared to a year earlier, according to official data. Economists had expected the figure to come it at around 4.8%. Kenya breaking news | Kenya news today |..
✨ Key Highlights
China's economy has demonstrated stronger-than-expected growth of 5% in the first quarter, defying global economic disruptions, including the conflict involving Iran.
- Gross domestic product (GDP) rose by 5%, surpassing economists' expectation of 4.8%.
- This growth was achieved despite impacts from the conflict, which began on February 28, affecting global energy supplies.
- Cars and other exports emerged as a "major bright spot," according to Kyle Chan, an analyst from the Brookings Institution, though future impacts remain uncertain.
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CBK Sees Inflation Peaking at 6.2pc in July on Iran War - April 2026
The Central Bank of Kenya (CBK) projects inflation could peak at 6.2 percent in July 2026 due to the ongoing Iran conflict, which is driving up oil prices. Deputy President Kithure Kindiki stated that the recent increase in fuel prices is not due to government policy but is a consequence of the ongoing war in Iran. Meanwhile, China's economy has demonstrated stronger-than-expected growth of 5 percent in the first quarter, defying global economic disruptions including the conflict involving Iran.
