Group 1 - In January, the Consumer Price Index (CPI) increased by 0.2% year-on-year and month-on-month, primarily influenced by the Spring Festival's timing, leading to a high comparison base from the previous year [1] - The Producer Price Index (PPI) decreased by 1.4% year-on-year, but the decline narrowed by 0.5 percentage points compared to the previous month, while it increased by 0.4% month-on-month, marking the fourth consecutive month of growth [1][3] - Energy prices fell by 5.0% year-on-year, contributing approximately 0.34 percentage points to the CPI decline, with gasoline prices down 11.4% [1] Group 2 - Core CPI showed a mild increase, with a month-on-month rise of 0.3%, the highest in six months, indicating a continuous recovery in consumer demand [1] - Prices for air tickets and travel agency services rose by 5.7% and 2.0% respectively, while prices for household services, hairdressing, and entertainment tickets increased between 0.4% and 2.8% [2] - Excluding energy, industrial consumer goods prices rose by 2.6% year-on-year, with significant increases in gold jewelry prices (77.4%) and household goods [2] Group 3 - The PPI's month-on-month increase of 0.4% reflects positive changes driven by the ongoing construction of a unified national market and increased demand in certain industries [3] - Prices in the raw materials and processing industries rose by 0.7% and 0.5% month-on-month, with year-on-year declines narrowing by 0.6 and 1.2 percentage points respectively [3] - The trend of "anti-involution" is expected to continue influencing the prices of basic raw materials and industrial products in the future [3]
1月物价走势保持平稳 核心CPI温和上涨态势不变
Xin Lang Cai Jing·2026-02-11 20:52