AI Data Insight
In the third quarter of 2026 (as of August), the contribution of housing to China's MoM CPI growth was -0.0663 percentage points, remaining at the same negative value for four consecutive months. Although the overall YoY CPI growth rate edged up to 0.9% in September, rent and housing costs within the core sub-indexes remain weak, serving as key factors suppressing the recovery of overall inflation.