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国家统计局:2025年7月份核心CPI同比持续回升 PPI环比降幅收窄
Yang Shi Wang·2025-08-09 02:11

Group 1: CPI Analysis - The Consumer Price Index (CPI) increased by 0.4% month-on-month in July, reversing a previous decline of 0.1%, with year-on-year growth remaining flat [1][2] - Core CPI, excluding food and energy, rose by 0.8% year-on-year, marking the highest increase since March 2024, with a continuous expansion in growth for three consecutive months [2][3] - The rise in CPI was primarily driven by service prices, which increased by 0.6% month-on-month, contributing approximately 0.26 percentage points to the overall CPI increase [2] Group 2: PPI Analysis - The Producer Price Index (PPI) decreased by 0.2% month-on-month, but the decline was less than the previous month, marking the first month-on-month narrowing of the decline since March [4][5] - Year-on-year, the PPI fell by 3.6%, with the decline remaining consistent with the previous month, indicating some stabilization in certain industries [4][5] - The decrease in PPI was influenced by seasonal factors and uncertainties in the international trade environment, affecting prices in several sectors, including construction materials and electronics [4][5] Group 3: Sector-Specific Price Changes - Prices in the manufacturing of traditional and emerging industries showed positive changes, with specific increases noted in sectors such as glass manufacturing and wearable smart devices [5][6] - Notable price increases were observed in the manufacturing of arts and crafts (up 13.1%), sports balls (up 5.3%), and nutritional foods (up 1.3%) [6]