<h1>Asian Stocks Mixed After US Inflation Surpasses Expectations, Raising Fed Rate Hike Concerns</h1> Asian stock markets showed mixed performance following a US wholesale inflation report that exceeded expectations, causing a decline in most Wall Street stocks. The inflation increase raised concerns about potential Federal Reserve interest rate hikes, which could dampen economic growth and borrowing. Chinese economic data indicated slowing growth, partly due to ongoing uncertainty over US tariffs, with retail sales and fixed asset investments weakening. Japan's economy showed modest growth in the second quarter, while other Asian markets experienced slight gains. US markets were affected by inflation concerns, with smaller companies particularly impacted. Despite the inflation data, strong employment figures suggested a resilient labor market, reducing the likelihood of immediate rate cuts. Major technology stocks helped offset broader market declines. Oil prices slightly decreased, and currency movements were minimal. The overall economic outlook remains uncertain amid trade tensions and inflationary pressures.