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

Macro

2026-10-14

Description

-

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

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.

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.

Description

-

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