AI Data Insight
According to the latest data, China's September CPI month-on-month (MoM) growth rate was 0.2% (an index of 100.2), slowing down from the previous 0.4% and falling below the market expectation of 0.3%. Although rising energy prices triggered by geopolitical conflicts pushed up some prices, food and rent remained a drag, indicating that the recovery of domestic demand still awaits greater policy efforts.