核心CPI重回1% 9月物价数据透出哪些信号？

Group 1 - The consumer price index (CPI) in September showed a slight month-on-month increase of 0.1%, with the core CPI rising by 1% year-on-year, marking the first return to a 1% increase in 19 months [1] - Food prices contributed to the CPI increase, with a 0.7% rise in food prices month-on-month, particularly in seasonal items like fresh vegetables, eggs, and meats [1] - The year-on-year CPI decline of 0.3% was primarily due to base effects, with the tail effect contributing approximately -0.8 percentage points [2] Group 2 - The producer price index (PPI) decreased by 2.3% year-on-year in September, but the decline was less severe than the previous month, indicating positive changes in industrial pricing [3] - Improvements in supply-demand structures and the ongoing development of a unified national market have contributed to a narrowing of price declines in various industries [3] - Certain industries, such as coal processing and black metal smelting, have shown price increases, with coal processing prices rising by 3.8% month-on-month [3] Group 3 - Emerging industries are thriving, with new consumption patterns and business models driving positive price changes in related sectors [4] - The modernization of the industrial system is leading to high-end, intelligent, and green development, which is expanding market demand and causing price increases in sectors like aircraft manufacturing and electronic materials [8] - Consumer demand is shifting from quantity to quality, with significant price increases in sectors such as arts and crafts, sports equipment, and nutritional foods, reflecting a trend towards quality consumption [9]