国家统计局：7月核心CPI同比持续回升 PPI环比降幅收窄

Group 1: CPI Analysis - The Consumer Price Index (CPI) showed a month-on-month increase of 0.4% in July, reversing a previous decline of 0.1% in June, primarily driven by rising service and industrial goods prices [2][3] - The core CPI, excluding food and energy, rose by 0.8% year-on-year, marking the highest increase since March 2024, with jewelry prices significantly contributing to this rise [2][3] - Food prices decreased by 1.6% year-on-year, influenced by a high base from the previous year, which negatively impacted the overall CPI [3] Group 2: PPI Analysis - The Producer Price Index (PPI) decreased by 0.2% month-on-month, but the decline was less severe than in previous months, indicating a potential stabilization in certain sectors [4][5] - Year-on-year, the PPI fell by 3.6%, with some industries experiencing price recovery due to improved supply-demand dynamics and ongoing industrial upgrades [5][6] - Specific sectors such as traditional industries and emerging industries showed positive price movements, with notable increases in prices for products like caustic soda and aircraft manufacturing [5][6]