Group 1 - The Consumer Price Index (CPI) in June 2025 increased by 0.1% year-on-year, ending a four-month streak of negative growth, while the CPI for the first half of the year decreased by 0.1% compared to the same period last year [1] - Significant price fluctuations were observed in June, with gold and platinum jewelry prices rising by 39.2% and 15.9% year-on-year, contributing approximately 0.21 percentage points to the CPI increase [1] - The decline in food prices during the first half of the year was a major factor in the negative CPI growth, with beef prices finally increasing by 2.7% in June after 28 months of continuous decline [1] Group 2 - The overall low CPI reflects insufficient domestic demand, which is a symptom of the economic transition challenges faced by China [3] - The government has set a CPI growth target of around 2% for the year, the lowest since 2004, aiming to improve supply-demand relationships through various policies and reforms [2] - Analysts predict a gradual stabilization and recovery of the CPI, with expected year-on-year increases of 0.2% and 0.6% in the third and fourth quarters, respectively [3]
CPI结束连续四个月负增长 要达全年目标政策仍需加力
Sou Hu Cai Jing·2025-07-09 09:42