2025年9月份居民消费价格同比下降0.3% 环比上涨0.1%

Core Insights - In September 2025, the national consumer price index (CPI) decreased by 0.3% year-on-year, with urban areas down 0.2% and rural areas down 0.5% [1] - The average CPI for January to September 2025 showed a decline of 0.1% compared to the same period last year [1] - Month-on-month, the CPI increased by 0.1% in September, with urban prices stable and rural prices rising by 0.2% [1] Price Changes by Category - Food and tobacco prices fell by 2.6% year-on-year, contributing approximately 0.74 percentage points to the CPI decline [3] - Fresh vegetable prices dropped by 13.7%, impacting the CPI by about 0.35 percentage points, while pork prices decreased by 17.0%, contributing 0.26 percentage points to the CPI decline [3] - Other categories showed mixed results, with clothing prices up by 1.7% and healthcare costs rising by 1.1% year-on-year [3] Month-on-Month Price Movements - In September, food and tobacco prices rose by 0.5% month-on-month, contributing approximately 0.13 percentage points to the CPI increase [6] - Fresh vegetable prices increased by 6.1% month-on-month, while pork prices saw a slight decrease of 0.7% [6] - Other categories experienced varied changes, with transportation and communication prices declining by 0.9% and 0.4%, respectively [6] Detailed Price Index Data - The CPI for September 2025 was 0.1% higher than the previous month, while the year-on-year change was a decrease of 0.3% [8] - Food prices saw a significant year-on-year decline of 4.4%, while non-food prices increased by 0.7% [8] - The index for clothing and other services showed increases of 1.7% and 9.9% year-on-year, respectively [8]