AI Data Insight
China's Q3 2026 food, tobacco and liquor CPI posted a year-on-year growth rate of -1.5%, slightly narrowing from the -1.6% decline in Q2 2026, yet it remains the primary drag on overall prices. Weighed down by a sharp plunge in pork prices, the overall CPI increase missed market expectations, underscoring that momentum for domestic consumption recovery remains sluggish.