AI Data Insight
The latest data shows that the contribution of food, tobacco, and alcohol to China's month-over-month (MoM) CPI growth in the third quarter of 2026 (September) was 0.06 percentage points, slightly narrowing from the previous value of 0.07. Although egg prices surged against the trend due to seasonal factors, sharp declines in pork and fresh vegetable prices dragged down the overall increase, indicating that domestic demand momentum remains weak and the rebound of core CPI still requires further policy efforts.