AI Data Insight

At the beginning of Q3 2026, China's services CPI month-over-month (MoM) growth rate significantly climbed to 0.4% from the previous 0.0%, becoming one of the few bright spots amidst overall weak prices. This wave of growth was primarily driven by accommodation and transportation demand during the summer travel peak season, which offset some of the deflationary drags. However, facing overall sluggish domestic demand, the market is closely monitoring the implementation strength of the government's subsequent pro-consumption policies.

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