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发布会预告!周五上午10时
证券时报·2025-08-11 11:28

Core Viewpoint - The article discusses the upcoming press conference by the State Council Information Office, where the National Bureau of Statistics will present the economic performance for July 2025, highlighting key economic indicators such as CPI and PPI [2]. Economic Indicators Summary - In July, the Consumer Price Index (CPI) increased by 0.4% month-on-month, reversing a previous decline of 0.1%, while year-on-year it remained unchanged. The core CPI, excluding food and energy, rose by 0.8% year-on-year, marking an expansion in growth for three consecutive months [5]. - The Producer Price Index (PPI) decreased by 0.2% month-on-month, but the rate of decline narrowed by 0.2 percentage points compared to the previous month, marking the first contraction since March. Year-on-year, the PPI fell by 3.6%, with the decline rate consistent with the previous month [5]. - The data indicates that the effects of policies aimed at expanding domestic demand are becoming evident, leading to positive changes in consumer prices. However, industrial producer prices continue to decline due to seasonal factors and uncertainties in the international trade environment, although competition in the domestic market is improving prices in certain industries [5].