China: CPI: Food, Alcoholic Beverages, and Tobacco: Current Month YoY

Macro

2026-07-09

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update

AI Data Insight

According to DataTrack data, China's food, tobacco, and alcohol CPI in June 2026 fell by 1.6% YoY, only slightly narrowing from the previous -1.7% and remaining deeply mired in negative growth. Pork prices plummeted over 15%, acting as the biggest drag and causing the overall CPI YoY growth rate to drop to 1.0%, below the market expectation of 1.1%. This indicates that end-consumer demand and price recovery momentum remain weak.

AI Data Insight

According to DataTrack data, China's food, tobacco, and alcohol CPI in June 2026 fell by 1.6% YoY, only slightly narrowing from the previous -1.7% and remaining deeply mired in negative growth. Pork prices plummeted over 15%, acting as the biggest drag and causing the overall CPI YoY growth rate to drop to 1.0%, below the market expectation of 1.1%. This indicates that end-consumer demand and price recovery momentum remain weak.

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update