国家统计局：去年12月CPI同比上涨0.8%，PPI同比下跌1.9%

Group 1: CPI Overview - In December 2025, the Consumer Price Index (CPI) increased by 0.8% year-on-year, the highest growth since March 2023, primarily driven by rising food prices [1][3][18] - Food prices rose by 1.1%, while energy prices decreased by 3.8%. The core CPI, excluding food and energy, increased by 1.2% year-on-year [1][19] - Month-on-month, the CPI rose by 0.2%, with urban areas increasing by 0.2% and rural areas also by 0.2% [3][19] Group 2: PPI Overview - In December 2025, the Producer Price Index (PPI) decreased by 1.9% year-on-year, with the decline narrowing by 0.3 percentage points compared to the previous month [2][10][22] - Month-on-month, the PPI increased by 0.2%, marking a 0.1 percentage point increase from the previous month [10][21] - The overall decline in the PPI for the year 2025 was 2.6% [10] Group 3: Price Changes in Goods and Services - In December, prices for food, tobacco, and alcohol rose by 0.8% year-on-year, contributing approximately 0.24 percentage points to the CPI [5] - Fresh vegetable prices surged by 18.2%, while fresh fruit prices increased by 4.4%. Conversely, pork prices fell by 14.6% [5][20] - Among other categories, healthcare prices rose by 1.8%, while transportation and housing prices decreased by 2.6% and 0.2%, respectively [5] Group 4: Industrial Producer Prices - In December, the prices of industrial producers' output saw a year-on-year decline of 1.9%, with production material prices dropping by 2.1% [10][13] - The prices of living materials decreased by 1.3%, with food prices down by 1.5% [13] - Month-on-month, production material prices increased by 0.3%, while living material prices remained stable [17] Group 5: Influencing Factors - The increase in CPI was attributed to enhanced consumer demand due to policies promoting consumption and the upcoming New Year holiday [18][19] - The PPI's month-on-month increase was driven by improved supply-demand dynamics in certain industries, with notable price increases in coal mining and lithium-ion battery manufacturing [21][22] - The overall economic policies have led to a narrowing of price declines in various sectors, indicating a positive trend in certain industries [22]