Core Insights - In June 2025, Qingdao's Consumer Price Index (CPI) increased by 0.4% year-on-year, driven by a 1.1% rise in food prices and a 0.2% increase in non-food prices [1][3] Group 1: Price Changes - Food and tobacco prices rose by 1.1% year-on-year, contributing approximately 0.30 percentage points to the CPI increase [3] - Among the eight categories, prices for other goods and services, education, culture and entertainment, clothing, and living goods and services increased by 10.7%, 1.6%, 0.8%, and 0.1% respectively [3] - Conversely, healthcare, housing, and transportation and communication prices decreased by 0.2%, 0.3%, and 3.1% respectively [3] Group 2: Food Price Details - Grain prices increased by 0.4% year-on-year and 0.7% month-on-month, with flour prices up by 2.6% year-on-year [5] - Fresh vegetable prices rose by 3.1% year-on-year, with significant increases in lotus root and spinach prices, which rose by 33.7% and 28.8% respectively [5] - Pork prices decreased by 12.7% year-on-year, while water product prices increased by 8.5% year-on-year [5] Group 3: Industrial and Service Prices - Industrial consumer prices fell by 0.6% year-on-year, with clothing prices up by 0.8% year-on-year but down by 0.2% month-on-month [8] - Transportation tool prices decreased by 3.2% year-on-year, with fuel car prices down by 4.4% year-on-year [8] - Service prices increased by 0.6% year-on-year, with travel-related service prices showing mixed trends [10]

Core Viewpoint - The real estate market in major cities is experiencing a significant downturn, with prices dropping and a shift in buyer sentiment from optimism to caution [1][2][3]. Market Trends - In June, the average price of second-hand homes in 100 cities across the country fell by 0.75% month-on-month and 7.26% year-on-year, indicating a broader market decline [1]. - Major cities like Beijing, Shanghai, Shenzhen, and Guangzhou are facing increased inventory, with Beijing's listings exceeding 150,000 and Shanghai surpassing 200,000 [1]. Buyer Behavior - The market is characterized by a price war, where sellers are advised to list their properties 10% to 15% below market value to attract buyers [2]. - Buyer sentiment has shifted to a "fear of losing" mentality, leading to increased market hesitation and a reluctance to purchase properties [2]. Government Policies - Government measures aimed at stabilizing the market have not effectively reversed the downward trend, serving only as temporary relief rather than addressing the underlying issues [3]. Investment Opportunities - For first-time homebuyers, the current market presents opportunities with more choices and stronger bargaining power, but careful financial planning is essential [5]. - Investors are advised to adopt a wait-and-see approach due to ongoing risks, while those under financial pressure may need to consider lowering prices for quick sales [5].

Japan’s automakers slashed the price of products exported to the US at a record pace https://t.co/ORwgwOMVPB ...

The Bank of Korea left its policy rate unchanged Thursday as it monitors the impact of its earlier easing moves on soaring home prices and an economy threatened by higher US tariffs https://t.co/lMzLXwqdYZ ...

Group 1 - The article discusses the reasons behind the recent three consecutive price cuts by investment banks in the palm oil market [1] - It raises questions about the future outlook of the palm oil market and what factors will influence it [1] - The market is expected to focus on an important upcoming report that could provide further insights into the palm oil industry [1]

Core Insights - Amazon Prime Day is primarily designed to clear warehouse inventory rather than to provide the lowest prices for consumers [4][6] - The event has evolved into a significant retail holiday, providing Amazon with a reliable summer revenue boost [6] - Some advertised discounts during Prime Day may not represent genuine savings due to price manipulation tactics [7][8] Group 1: Purpose and Strategy of Prime Day - Prime Day was initiated as a solution to Amazon's inventory management issues, functioning as a large-scale clearance event [4][5] - The event has grown into a major retail occasion, allowing Amazon to control revenue during the summer months [6] - The urgency created by countdown timers and limited stock encourages impulsive buying behavior among consumers [14][15] Group 2: Pricing Tactics - Many Prime Day deals may not be the lowest prices of the year, as Amazon often raises prices prior to the event to create the illusion of discounts [7][8] - Price anchoring is a common tactic used by Amazon to manipulate consumer perception of savings [8][9] - Genuine deals do exist, particularly on Amazon's own devices, which are discounted to encourage further engagement with the Amazon ecosystem [10][12] Group 3: Consumer Behavior and Recommendations - Smart shoppers can navigate Prime Day effectively by avoiding purchases they wouldn't make at full price and planning ahead [16][17] - Following deal-hunting accounts and tracking price changes can help consumers identify true savings opportunities [17] - Comparing prices with other retailers during the same sales period can maximize savings [17]

Copper Prices Surge To Record High In Largest Increase Since ‘80s—Here’s Why https://t.co/vqXXI74WEQ https://t.co/aYZw0ZP7rS ...

A gauge of demand from potential British homeowners climbed to its highest level in six months, a signal that the real estate market is starting to stabilizing from a tax-increase induced slowdown that’s weighed on house prices https://t.co/yzJMMnfDqy ...

Costco Wholesale (COST) 2025 Update Summary Industry Overview - The call pertains to the retail industry, specifically focusing on Costco Wholesale's performance during the five-week retail month of June 2025. Key Financial Metrics - **Net Sales**: Reported net sales for June 2025 were $26.44 billion, representing an 8% increase from $24.48 billion in June 2024 [2] - **Comparable Sales**: - US: 4.7% - Canada: 6.7% - Other International: 10.9% - Total Company: 5.8% - E-commerce: 11.5% [2] - **Comparable Sales Excluding Gas and FX**: - US: 5.5% - Canada: 7.9% - Other International: 8.2% - Total Company: 6.2% - E-commerce: 11.2% [3] Traffic and Transaction Insights - **Traffic Growth**: Comp traffic increased by 3.4% worldwide and 2.8% in the US [4] - **Average Transaction Value**: - Worldwide average transaction value increased by 2.4%, and by 2.8% when excluding gas deflation and foreign exchange impacts [5] Regional Performance - **Strongest US Regions**: Northwest, Midwest, and Southeast showed the best comparable sales performance [5] - **International Performance**: Australia, Mexico, and Taiwan reported the strongest results among other international markets [6] Merchandising Highlights - **Food Categories**: - Foods and sundries showed positive mid-single-digit growth - Fresh foods increased by high single digits, with meat and produce being top performers [6][7] - **Non-food Categories**: - Positive mid to high single-digit growth, with jewelry, majors, and gift cards performing well [7] - **Ancillary Business Sales**: Experienced a decline in low single digits, while pharmacy, hearing aid, and optical departments were top performers [8] External Factors Impacting Sales - **Gas Price Deflation**: Negatively impacted total reported comparable sales by approximately -0.9% [4] - **Foreign Currency Impact**: - Canada: +0.2% - Other International: +3.4% - Total Company: +0.5% [4] Future Outlook - The next reporting period will cover four weeks from July 7 to August 3, 2025, compared to the same period in 2024 [8]

Bitcoin is approaching price discovery.When it breaks, which altcoins will pump the hardest? ...