Group 1: CPI Analysis - In August, the Consumer Price Index (CPI) is expected to show a month-on-month increase of 0.3% but a year-on-year decrease of 0.1% [1] - Food prices are under dual constraints from weak downstream Producer Price Index (PPI) and overall market demand, leading to a projected year-on-year decline in CPI of 0.4% [1] - Wholesale agricultural product prices increased by 1.9% month-on-month in August, with vegetable prices rising by 8.0% due to adverse weather conditions [1] Group 2: PPI Analysis - The Producer Price Index (PPI) is expected to remain flat month-on-month in August, with a year-on-year decline narrowing to approximately -2.9% [2] - The recovery in commodity prices, along with a low base effect, may support a slight rebound in PPI, with significant increases in the prices of steel and coal observed [3] - However, the decline in international oil prices and low capacity utilization in midstream and downstream sectors may limit the extent of PPI recovery [3]
业内预计8月份CPI同比或转负 PPI同比降幅收窄
Zheng Quan Ri Bao·2025-09-05 16:10