核心CPI重回1%，9月物价数据透出哪些信号？

Group 1 - The core CPI has returned to 1%, marking the first increase in nearly 19 months, indicating a stable price environment supported by policies aimed at expanding domestic demand and promoting consumption [1] - In September, the CPI increased by 0.1% month-on-month, with food prices rising by 0.7%, contributing approximately 0.13 percentage points to the CPI increase [1] - Seasonal price increases were observed in fresh vegetables, eggs, fruits, lamb, and beef due to weather impacts and holiday demand [1] Group 2 - The PPI decreased by 2.3% year-on-year in September, with the decline narrowing by 0.6 percentage points compared to the previous month, reflecting the effectiveness of macroeconomic policies and the progress of a unified national market [3] - Improvements in supply and demand structures have led to price stabilization in certain industries, with coal processing prices rising by 3.8% and black metal smelting prices increasing by 0.2% [3] Group 3 - Emerging industries are thriving, with new consumption patterns and models driving positive price changes in related sectors [4] - The manufacturing sector is experiencing upgrades, with aircraft manufacturing prices increasing by 1.4% and electronic materials prices rising by 1.2% year-on-year [5] Group 4 - Consumer demand is shifting from quantity expansion to quality enhancement, with significant price increases in high-quality goods such as arts and crafts (14.7%) and sports equipment (4%) [6] - Policies aimed at boosting consumption are expected to further support the development of certain consumer goods and manufacturing sectors, improving market supply-demand relationships [6]