AI Data Insight
China's May 2026 (Q2 2026) means of production PPI MoM growth dropped significantly to -0.3% from the previous 0.7%, ending consecutive months of gains and falling below the zero line. Although external market surveys originally expected a slight increase in prices, given authoritative data shows that production-side inflation pressure has cooled significantly due to the softening of global oil prices. Moving forward, close attention is required to determine whether official policies to expand domestic demand and renew equipment can provide substantial support for industrial prices.