AI Data Insight
In August 2026 (Q3 2026), China's consumer goods CPI month-on-month (MoM) growth reported at 100.6, ending the previous month's decline of 99.4 (MoM decrease of 0.6%) and turning from negative to positive. This data rebound was mainly driven by extreme weather disrupting food supply and the surge in international energy prices. Although overall inflation has warmed up accordingly, attention still needs to be paid in the medium to long term to the transmission risk of deflationary pressure from the industrial sector to end-consumer consumption.