AI Data Insight
China's Services CPI MoM for Q2 2026 climbed to 0.5%, rebounding significantly from -1.1% in the previous period (Q1 2026) and halting its downward trend. Benefiting from a strong increase in demand for airfares and travel accommodations driven by consecutive holidays, service prices have regained momentum. However, analysts warn that rising external energy costs are simultaneously pushing up inflation, and attention must be paid to the subsequent squeezing effect on corporate profits.