8月CPI、PPI数据出炉！来看最新解读→

Group 1 - The core viewpoint of the article indicates that the Consumer Price Index (CPI) weakened in August due to high base effects and food price declines, while indicators related to industrial product prices improved, suggesting a continuous optimization of domestic market competition and an improvement in supply-demand relationships in certain industries [1][2][4][6]. - In August, the CPI decreased by 0.4% year-on-year, with food prices dropping by 4.3% and non-food prices rising by 0.5%. The average CPI from January to August was down 0.1% compared to the same period last year [4][10]. - The core CPI, excluding food and energy prices, rose by 0.9% year-on-year, marking the fourth consecutive month of expansion in its growth rate, which reflects positive signals in price movements [1][10][9]. Group 2 - The decline in CPI was significantly influenced by food prices, which had a notable downward impact on the overall index, with pork, fresh vegetables, eggs, and fresh fruits contributing to this decline [7][11]. - Analysts suggest that the improvement in core CPI indicates a positive trend in price movements, but the overall CPI remains close to zero, indicating that further improvement in price performance requires sustained boosts in consumer demand [2][12]. - The Producer Price Index (PPI) showed a narrowing decline in August, marking the first contraction since March, and ended an eight-month downward trend, indicating potential early signs of recovery in industrial prices [13][15].