Group 1: Core CPI Analysis - The core Consumer Price Index (CPI) increased by 0.9% year-on-year, marking the fourth consecutive month of growth [3] - The decline in overall CPI is attributed to a high comparison base from the previous year and lower seasonal food price increases, with food prices down 4.3% year-on-year [2][3] - Non-food prices rose by 0.5%, contributing approximately 0.43 percentage points to the CPI year-on-year increase [2][3] Group 2: PPI Analysis - The Producer Price Index (PPI) saw a year-on-year decline of 2.9%, but the rate of decline narrowed by 0.7 percentage points compared to the previous month, the first narrowing since March [5] - The PPI's month-on-month change shifted from a 0.2% decline to flat, influenced by improved supply-demand relationships in certain sectors [4][5] - Prices in coal processing, black metal smelting, and other industries showed reduced year-on-year declines, contributing to the overall narrowing of the PPI decline [5][6]
2025年8月份核心CPI继续回升 PPI同比降幅收窄
Guo Jia Tong Ji Ju·2025-09-12 08:22