解读：2026年1月份CPI同比上涨 PPI同比降幅收窄

Group 1 - The core viewpoint of the articles indicates a continuous recovery in consumer demand, with the Consumer Price Index (CPI) showing a slight increase while the Producer Price Index (PPI) has also risen, reflecting various economic factors [1][4][5] Group 2 - In January, the CPI increased by 0.2% month-on-month and year-on-year, while the core CPI, excluding food and energy, rose by 0.8% year-on-year [1] - The decline in food prices, particularly a 0.7% drop, contributed to a decrease in the CPI's year-on-year growth rate, with fresh vegetable prices rising by 6.9% but showing a reduced growth rate compared to the previous month [2][3] - Energy prices fell by 5.0% in January, impacting the CPI negatively by approximately 0.34 percentage points, with gasoline prices down 11.4% year-on-year [2][3] Group 3 - The PPI increased by 0.4% month-on-month, marking the fourth consecutive month of growth, driven by the ongoing development of a unified national market and increased demand in certain sectors [4][5] - Specific industries such as cement manufacturing and lithium-ion battery production saw price increases, while the prices of photovoltaic equipment turned from a decline to an increase of 1.9% [4] - Year-on-year, the PPI decreased by 1.4%, but the decline was less severe than in the previous month, with notable increases in the prices of non-ferrous metal mining and manufacturing sectors [5]