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7月核心CPI同比涨幅连续3个月扩大 下半年价格低位温和回升支撑因素有哪些
Di Yi Cai Jing·2025-08-09 03:22

Group 1: Consumer Price Index (CPI) - In July, the CPI increased by 0.4% month-on-month, reversing a 0.1% decline from the previous month, with year-on-year growth remaining flat [1][3] - The year-on-year CPI was primarily influenced by lower food prices, which decreased by 1.6%, contributing approximately 0.29 percentage points to the CPI decline [1] - Core CPI, excluding food and energy, rose by 0.8% year-on-year, marking the highest increase since March 2024 [1] Group 2: Producer Price Index (PPI) - The PPI decreased by 0.2% month-on-month in July, but the decline was less than the previous month, marking the first narrowing of the decline since March [5] - Seasonal factors and uncertainties in the international trade environment contributed to price decreases in several industries, including a 1.4% drop in non-metallic mineral products [5][6] - The prices in coal mining and washing, black metal smelting, and photovoltaic equipment manufacturing saw reduced declines compared to the previous month, indicating improved market competition [6] Group 3: Economic Outlook - The National Bureau of Statistics indicated that prices are expected to gradually rise in the second half of the year, supported by stable economic performance and effective domestic demand expansion policies [6]