AI Data Insight
China's Q2 2026 CPI YoY growth reached 1.2%, climbing further from the previous Q1 2026 value of 1.0% and beating the market expectation of 0.8%. This growth was primarily driven by geopolitically triggered energy price hikes and travel demand during consecutive holidays, successfully offsetting the downward pressure from food prices such as pork, and indicating that deflation risks are further fading.