Group 1: Consumer Price Index (CPI) Insights - In July, the Consumer Price Index (CPI) increased by 0.4% month-on-month, reversing a previous decline, while year-on-year it remained flat [2][6] - The core CPI, excluding food and energy prices, rose by 0.8% year-on-year, marking the highest increase since March 2024 and continuing a trend of expansion for three consecutive months [2][6] - The rise in CPI was primarily driven by increases in service and industrial consumer goods prices, with notable price hikes in airfares, tourism, hotel accommodations, and vehicle rentals [2][4] Group 2: Producer Price Index (PPI) Insights - The Producer Price Index (PPI) decreased by 0.2% month-on-month, with the decline narrowing by 0.2 percentage points compared to the previous month, while year-on-year it fell by 3.6% [6][8] - The construction of a unified national market is improving market competition in industries such as coal, steel, photovoltaic, cement, and lithium batteries, leading to positive price changes in these sectors [6][8] Group 3: Agricultural Products Price Trends - In July, the wholesale price of pork increased by 1.3% month-on-month, influenced by tight supply due to low market release from farmers, although prices later stabilized as supply improved [8][10] - The average wholesale price of pork in Beijing was reported at 18.16 yuan per kilogram, reflecting a month-on-month increase of 4.37% but a year-on-year decrease of 20.18% [12] - The wholesale price of eggs decreased by 1.8% month-on-month and 25% year-on-year, attributed to increased supply and weak demand, although prices are expected to rise due to seasonal demand factors [15][17]
从7月份CPI和PPI看全国消费市场亮点 扩内需政策效应持续显现
Yang Shi Wang·2025-08-09 06:33