AI Data Insight

China's July 2026 Food, Tobacco, and Alcohol CPI MoM growth registered at 0.0%, halting the decline from the previous -0.4%. Although pork and fresh vegetable prices rebounded month-on-month, constrained by weak overall domestic demand momentum and a pullback in fresh fruit prices, the overall CPI YoY growth dropped to 0.5%. This figure was lower than market expectations, reflecting that the recovery in end-consumer demand remains challenging.

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