China: Contributions to CPI MoM: Food, Alcoholic Beverages, and Tobacco

Macro

2026-09-09

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update

AI Data Insight

China's Q3 (July 2026) contribution of food, tobacco, and alcohol to MoM CPI growth rebounded from the previous value of -0.08 percentage points to 0.07 percentage points, halting the downward trend. Mainly affected by the regulation of live pig production capacity and extreme weather pushing up transportation costs, the single-month increase in pork prices drove the recovery of food inflation, but overall weak domestic demand remains the biggest hidden worry for future price recovery.

AI Data Insight

China's Q3 (July 2026) contribution of food, tobacco, and alcohol to MoM CPI growth rebounded from the previous value of -0.08 percentage points to 0.07 percentage points, halting the downward trend. Mainly affected by the regulation of live pig production capacity and extreme weather pushing up transportation costs, the single-month increase in pork prices drove the recovery of food inflation, but overall weak domestic demand remains the biggest hidden worry for future price recovery.

Description

-

Published by
National Bureau of Statistics of China (Choice)
Frequency
Monthly
Next Update