AI Data Insight

The newly released Q2 2026 China non-food CPI YoY growth climbed to 1.9%, higher than the previous figure of 1.8%. Although higher costs, such as international crude oil, pushed up non-food items, overall CPI was dragged down by a plunge in food prices, particularly pork. This indicates that end-consumer demand remains weak, and the momentum for inflation recovery faces structural obstacles.

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