AI Data Insight
China's July 2026 Services CPI (previous month = 100) dropped to 100.1, reflecting a slight month-on-month increase of 0.1%, with momentum slowing compared to 100.4 (+0.4%) in June. Although the summer travel peak season boosted airfare and accommodation prices, overall weak domestic demand limited the growth in service prices. Future attention should be closely paid to deflationary pressures and the strength of policy stimulus.