AI Data Insight

According to the latest data, the month-on-month contribution of China's food prices to CPI in Q3 2026 (July) recorded -0.258 percentage points, narrowing slightly from the previous value of -0.2752 percentage points in Q2 (June). However, food prices remain weak, and the overall CPI year-on-year increase of 0.5% was also below market expectations, indicating that end-consumer demand remains sluggish. The market expects there is still further room for pro-consumption policies to take effect in the second half of the year.

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