AI Data Insight
According to the latest data, China's CPI value for Q3 2026 (July) is 100.5, translating to a year-on-year growth rate of only 0.5%, a significant slowdown compared to the previous value of 1.0% in Q2 (June). This cooling of inflation is mainly driven by a sharp convergence in energy price gains and a continuous decline in food prices. However, core CPI, excluding food and energy, still rose slightly by 0.9%, providing policy room for official pro-consumption policies in the second half of the year.