AI Data Insight

According to the latest data, the YoY growth rate of China's services CPI in June 2026 fell to 0.7% from 0.8% in the previous month, reflecting that private consumption momentum remains weak. As off-peak travel demand slowed and airfare and accommodation prices declined, the overall inflation data also consecutively fell short of market consensus. Looking ahead, although the summer peak season is expected to provide short-term support, long-term confidence concerns caused by the real estate downturn remain a major focus for the market.

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