AI Data Insight
The latest Q2 2026 data shows that the contribution of China's food, tobacco, and alcohol to the month-over-month CPI growth dropped to -0.08 percentage points, widening the decline from the previous value of -0.06 percentage points. Dragged down by falling pork prices and weak terminal demand, the food category continues to suppress overall inflation performance. The market worries that insufficient domestic demand momentum will become a hidden concern for short-term economic recovery.