China: CPI: Previous Year=100: Non-Food Items: Current Month YoY

Macro

2026-06-10

Description

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

AI Data Insight

According to the latest data, China's non-food CPI growth rate for May 2026 climbed to 1.9% year-on-year (YoY), continuing its expansion from the previous value of 1.8%. However, the overall CPI rose 1.2% YoY, falling slightly below market consensus, indicating that the recovery of terminal domestic demand remains constrained. Under the dual pressure of the Producer Price Index (PPI) hitting a nearly four-year high, the "margin squeeze" effect—where production costs are difficult to pass on—will become the biggest hidden concern for the market in the short term.

AI Data Insight

According to the latest data, China's non-food CPI growth rate for May 2026 climbed to 1.9% year-on-year (YoY), continuing its expansion from the previous value of 1.8%. However, the overall CPI rose 1.2% YoY, falling slightly below market consensus, indicating that the recovery of terminal domestic demand remains constrained. Under the dual pressure of the Producer Price Index (PPI) hitting a nearly four-year high, the "margin squeeze" effect—where production costs are difficult to pass on—will become the biggest hidden concern for the market in the short term.

Description

-

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