Group 1: Consumer Price Index (CPI) Analysis - In August, the Consumer Price Index (CPI) remained stable month-on-month, with a year-on-year decrease of 0.4%. The core CPI, excluding food and energy, increased by 0.9% year-on-year, marking the fourth consecutive month of growth in this metric [1][2] - The decline in CPI year-on-year was primarily attributed to a high comparison base from the previous year and lower-than-seasonal increases in food prices. The year-on-year impact from previous price changes was approximately -0.9 percentage points [1][2] - Food prices rose by 0.5% month-on-month but decreased by 4.3% year-on-year, with significant declines in pork, eggs, and fresh vegetables, contributing to a greater downward impact on CPI [2] Group 2: Producer Price Index (PPI) Analysis - The Producer Price Index (PPI) showed a month-on-month stabilization after a decline of 0.2% in the previous month, with a year-on-year decrease of 2.9%, which is a narrowing of the decline by 0.7 percentage points compared to the previous month [1][3] - The improvement in supply-demand relationships in certain industries led to price increases in energy and raw materials, with coal processing prices rising by 9.7% month-on-month [3] - The narrowing of the year-on-year decline in PPI is attributed to the implementation of more proactive macroeconomic policies and improvements in market competition [3][4] Group 3: Industry-Specific Price Changes - The ongoing optimization of market competition has led to a reduction in the year-on-year price decline in various industries, supported by the deepening of the national unified market construction [4] - Emerging industries and technological innovations are contributing to price increases in certain sectors, with notable price rises in the manufacturing of arts and crafts, sports equipment, and nutritional foods [4]
国家统计局：8月CPI、PPI环比持平 核心CPI同比上涨0.9%
Qi Huo Ri Bao Wang·2025-09-10 05:51