China: CGPI (YoY)

Macro

2026-06-01

Description

China CGPI is published by the National Bureau of Statistics (NBS) of China. This indicator measures the year-on-year change in the prices of goods traded between enterprises in China during a specific period. The CGPI reflects price changes at the production and distribution levels, serving as an important metric for observing price pressures in the production sector and assessing inflation risks. A positive CGPI year-on-year rate indicates an increase in commodity prices, typically suggesting rising costs or strong demand, while a negative rate may indicate a decline in prices, reflecting weaker demand or reduced cost pressures.

Published by
People's Bank of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Consumption CGPI

AI Data Insight

China's Corporate Goods Price Index (CGPI) year-on-year growth rate for Q2 2026 recorded 2.7%, rebounding significantly from 1.5% in the previous quarter and hitting a recent high. This data jump was primarily driven by surging global commodity prices and improving demand in certain domestic industries, reflecting that China's production end has officially bid farewell to long-term deflationary pressure. However, the structural divergence between surging upstream costs and weak downstream consumption may become a hidden worry for future manufacturing profitability.

You May Also Like

AI Data Insight

China's Corporate Goods Price Index (CGPI) year-on-year growth rate for Q2 2026 recorded 2.7%, rebounding significantly from 1.5% in the previous quarter and hitting a recent high. This data jump was primarily driven by surging global commodity prices and improving demand in certain domestic industries, reflecting that China's production end has officially bid farewell to long-term deflationary pressure. However, the structural divergence between surging upstream costs and weak downstream consumption may become a hidden worry for future manufacturing profitability.

You May Also Like

Other Industry

Semiconductor
Display
LED
Energy
Electronics
Telecom
Emerging Tech
Macro
Description

China CGPI is published by the National Bureau of Statistics (NBS) of China. This indicator measures the year-on-year change in the prices of goods traded between enterprises in China during a specific period. The CGPI reflects price changes at the production and distribution levels, serving as an important metric for observing price pressures in the production sector and assessing inflation risks. A positive CGPI year-on-year rate indicates an increase in commodity prices, typically suggesting rising costs or strong demand, while a negative rate may indicate a decline in prices, reflecting weaker demand or reduced cost pressures.

Published by
People's Bank of China (Choice)
Frequency
Monthly
Next Update
Hashtags
China Consumption CGPI