AI Data Insight
Latest data shows that China's cumulative Producer Price Index (PPI) for all industrial products in Q2 2026 reached 101.0 (a YoY increase of 1.0%), a significant expansion compared to the previous reading of 100.2 (a YoY increase of 0.2%). Benefiting from the explosive demand for AI computing power and rising non-ferrous metal prices, the single-month PPI performance beat market consensus, hitting a near four-year high. Despite a strong recovery in upstream industries, downstream domestic demand remains weak, and close attention must be paid to cost pass-through and the effects of policy support going forward.