国家统计局城市司首席统计师董莉娟解读2025年6月份CPI和PPI数据

Core Insights - In June, the Consumer Price Index (CPI) turned from a decline to an increase of 0.1% year-on-year after four consecutive months of decline, primarily driven by a rebound in industrial consumer goods prices [1] - The month-on-month CPI decreased by 0.1%, with the decline narrowing by 0.1 percentage points compared to the previous month [1] - The core CPI, excluding food and energy prices, continued to recover, rising by 0.7% year-on-year [1] - The Producer Price Index (PPI) decreased by 0.4% month-on-month, maintaining the same decline as the previous month, while year-on-year it fell by 3.6%, with the decline widening by 0.3 percentage points compared to the previous month [1] - The decrease in food prices was less than seasonal expectations, indicating some stability in the market [1] - Certain industries showed signs of price stabilization and recovery [1]