核心CPI涨幅连续第4个月扩大，专家认为——扩内需政策持续显效

Group 1 - The overall consumer market in August remained stable, with the Consumer Price Index (CPI) unchanged month-on-month and down 0.4% year-on-year, while the core CPI, excluding food and energy, rose by 0.9% year-on-year, marking the fourth consecutive month of increase [2] - The Producer Price Index (PPI) month-on-month ended an eight-month decline, stabilizing after a 0.2% drop in the previous month, while the year-on-year decline was 2.9%, narrowing by 0.7 percentage points compared to the previous month [3][4] - The improvement in supply-demand relationships in certain industries has positively influenced prices, with some energy and raw material sectors experiencing price increases month-on-month [3][4] Group 2 - The "old-for-new" consumption policy has been strengthened, providing significant support for prices of covered goods, with transportation tool prices stabilizing month-on-month and the year-on-year decline narrowing from 2.1% to 1.9% [3] - Service prices have shown a continuous upward trend since March, with household services, medical services, and educational services leading the increase, indicating the ongoing release of service consumption potential [3] - The overall low price level since the beginning of the year is expected to continue, providing ample space for future growth stabilization policies [5]