AI Data Insight

According to the latest data released by DataTrack, China's Q2 2026 Services CPI MoM growth indicator rebounded to 100.5 (i.e., a 0.5% MoM increase), turning significantly positive compared to 98.9 (a 1.1% MoM decrease) in the previous period of Q1. The recovery in the services sector data echoes the strong performance of the overall CPI YoY growth in the current period, which jumped to 1.2% and beat market expectations. Driven by the "anti-involution" policy and rising energy prices, China's consumer demand is gradually bottoming out and escaping the shadow of deflation.

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