AI Data Insight
The latest released Q2 2026 MoM growth rate of China's means of production PPI reported at 0.7%, slowing down from the previous 2.1% but remaining in positive growth territory. Influenced by geopolitics and surging global energy prices, upstream mining and raw material prices continue to climb, driving the overall PPI YoY growth to exceed market expectations. Although China has successfully emerged from long-term deflation, future vigilance is still required regarding the risk of raw material costs squeezing downstream corporate profits.