AI Data Insight
The latest released China CPI MoM figure for 2026-07-01 (Q3 2026) reported at 99.9 (equivalent to a 0.1% MoM decline), which, despite a slight improvement from the previous value of 99.7, still unexpectedly missed market expectations of positive growth. Although the summer travel boom and demand for AI consumer electronics drove up services and core prices, dragged down by falling international oil prices and sluggish domestic commodity demand, overall deflationary pressure persists.