AI Data Insight
China's August CPI month-on-month (MoM) growth reached 0.4%, a significant rebound from -0.1% in the previous month; the year-on-year (YoY) growth rate also climbed to 0.8%, in line with market consensus. Supported by rising international energy costs and price increases in electronic products driven by computing power demand, short-term inflation has mildly recovered, leaving room for monetary easing and pro-consumption policies in the second half of the year.