AI Data Insight

According to the latest data, China's Q2 2026 food, tobacco and liquor CPI month-over-month (MoM) growth rate reported -0.4%, flat compared to the previous period, facing deflationary pressure for consecutive months. Among them, prices of key food items such as pork and fresh fruits plummeted significantly, becoming the main factor suppressing overall inflation. As the Producer Price Index (PPI) surged driven by raw materials, the weakness in food consumption further highlighted the divergent pattern of "strong PPI, weak CPI" and the risk of sluggish domestic demand in the Chinese market.

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