March 9, 2026

Key points The price of oil rose above 100 dollars per barrel for the first time since 2022, and at times the Brent benchmark reached 120. Consumer inflation in China rose to 1.3% year-over-year, its highest in three years, while industrial deflation moderated. In February, 311,457 light vehicles were produced, 118,305 were sold, and 247,945 were exported. German industrial production fell 0.5% in January, confirming a weak start to the year. The peso-dollar exchange rate moved close to 18.0 spot. Twenty-four U.S. states are suing the Trump administration over the imposition of the new global 10% tariffs.