Core Insights - In July, Jiangsu's consumer price index (CPI) decreased by 0.3% year-on-year, with urban areas down 0.2% and rural areas down 0.5% [1] - The overall CPI for the first seven months of the year showed a decline of 0.4% year-on-year [1] Price Changes - Among the eight categories of goods and services, five experienced price increases while three saw declines in July [1] - Notable price increases included clothing (up 1.1%), daily necessities and services (up 1.2%), education, culture, and entertainment (up 0.7%), healthcare (up 0.8%), and other goods and services (up 9.0%) [1] - Conversely, food, tobacco, and alcohol prices decreased by 0.9%, housing prices fell by 0.2%, and transportation and communication prices dropped by 3.5% [1] Food Price Dynamics - Within the food category, freshwater fish prices rose by 12.2%, fresh fruit by 5.3%, beef by 2.0%, and shrimp and crab by 1.5% [1] - In contrast, fresh vegetable prices fell by 8.4%, pork prices decreased by 11.3%, and egg prices dropped by 16.1% [1] Month-on-Month Changes - In July, all eight categories of goods and services saw month-on-month price increases [2] - Food and beverage prices rose by 0.7%, clothing by 0.1%, housing by 0.3%, daily necessities and services by 1.0%, transportation and communication by 1.2%, education, culture, and entertainment by 1.2%, healthcare by 1.2%, and other goods and services by 0.7% [2] Specific Food Price Movements - Specific food items saw significant month-on-month price increases, including shrimp and crab (up 8.3%), fresh vegetables (up 3.4%), and freshwater fish (up 3.3%) [2] - Pork prices increased by 1.8%, while egg prices remained stable [2]

Core Insights - In July, Jiangsu's consumer prices decreased by 0.3% year-on-year, with urban prices down 0.2% and rural prices down 0.5% [1] - Food prices fell by 1.4%, while non-food prices remained stable; overall consumer prices dropped by 0.4% from January to July [1] Year-on-Year Price Changes - Among the eight categories of goods and services, five saw price increases and three saw declines in July [1] - Notable price increases included clothing (up 1.1%), daily necessities and services (up 1.2%), education, culture, and entertainment (up 0.7%), healthcare (up 0.8%), and other goods and services (up 9.0%) [1] - Conversely, food, tobacco, and alcohol prices decreased by 0.9%, housing prices fell by 0.2%, and transportation and communication prices dropped by 3.5% [1] - Specific food price changes included a 12.2% increase in freshwater fish, a 5.3% increase in fresh fruits, a 2.0% increase in beef, and a 1.5% increase in shrimp and crab; however, fresh vegetables decreased by 8.4%, pork by 11.3%, and eggs by 16.1% [1] Month-on-Month Price Changes - In July, all eight categories of goods and services experienced month-on-month price increases [2] - Food and alcohol prices rose by 0.7%, clothing prices by 0.1%, housing prices by 0.3%, daily necessities and services by 1.0%, transportation and communication by 1.2%, education, culture, and entertainment by 1.2%, healthcare by 1.2%, and other goods and services by 0.7% [2] - Specific food price increases included shrimp and crab (up 8.3%), fresh vegetables (up 3.4%), and freshwater fish (up 3.3%); pork prices increased by 1.8%, while egg prices remained stable [2]

此前发布的数据显示，7月份，居民消费价格指数（CPI）环比由上月下降0.1%转为上涨0.4%，同比持平，扣除食品和能源价格的核心CPI同比上 涨0.8%，涨幅连续3个月扩大。工业生产者出厂价格指数（PPI）环比下降0.2%，环比降幅比上月收窄0.2个百分点，为3月份以来首次收窄，同比 下降3.6%，降幅与上月相同。 前述数据表明，随着扩内需政策效应持续显现，消费领域价格继续呈现积极变化，虽然受季节性因素叠加国际贸易环境不确定性影响，工业生产 者出厂价格仍为下降，但国内市场竞争秩序持续优化带动部分行业价格改善。 发布会预告。 据中国网消息，国务院新闻办公室将于2025年8月15日（星期五）上午10时举行新闻发布会，请国家统计局新闻发言人、总经济师、国民经济综 合统计司司长付凌晖介绍2025年7月份国民经济运行情况，并答记者问。 （文章来源：证券时报） ...

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].

Group 1 - The core point of the articles indicates that in July, the Consumer Price Index (CPI) in Heilongjiang Province remained flat year-on-year, with industrial prices rising by 0.8%, service prices by 0.3%, while food and energy prices decreased by 2.4% and 3.7% respectively [1][2] - In July, the price changes in Heilongjiang Province showed a "five increases and three decreases" trend across eight major categories of goods and services, with other goods and services prices rising by 8.4% due to high international precious metal prices, contributing approximately 0.26 percentage points to the overall CPI [1] - The transportation and communication category experienced the largest decline, with prices dropping by 3.0%, which pulled down the overall CPI by about 0.41 percentage points [1] Group 2 - The core CPI, excluding food and energy prices, continued to rise, reaching a year-high increase of 1.0% in July, contributing approximately 0.76 percentage points to the overall CPI [1][3] - Food and energy prices both showed a downward trend, with food prices decreasing by 2.4% and energy prices by 3.7%, collectively pulling down the overall CPI by about 0.77 percentage points [1] - In comparison to other provinces, Heilongjiang's CPI change was consistent with the national average of 0.0%, ranking it 8th among 31 provinces, with the highest increase in Anhui Province at 0.4% and the lowest in Guangxi at a decrease of 0.7% [2]

Group 1 - In July, the Consumer Price Index (CPI) in Guangdong turned positive month-on-month, influenced by domestic demand expansion policies and the peak summer travel season, with a 0.5% increase [1] - Food prices decreased by 0.3%, while non-food prices increased by 0.6%, driven by significant travel demand during the summer, leading to a 29.8% rise in airfare prices and increases in tourism and accommodation costs [1] - The rental prices for private housing also increased due to heightened demand during the graduation season [1] Group 2 - The Producer Price Index (PPI) in Guangdong saw a month-on-month decline of 0.2%, with the rate of decline narrowing by 0.1 percentage points compared to the previous month [1] - Prices for production materials decreased by 0.3%, while prices for living materials fell by 0.1%, with the decline in living materials remaining stable [1] - Among the 38 major industries surveyed for PPI, 11 industries saw price increases, 25 experienced declines, and 2 remained unchanged, resulting in an industry increase rate of 28.9%, which is an expansion of 10.5 percentage points from the previous month [1]

Group 1 - The core viewpoint of the article indicates that the effects of policies aimed at expanding domestic demand are becoming increasingly evident, as reflected in the Consumer Price Index (CPI) data for July [1][4][6] - In July, the national CPI remained flat year-on-year, while it increased by 0.4% month-on-month, reversing a previous decline of 0.1% [1][4][5] - The core CPI, which excludes food and energy prices, rose by 0.8% year-on-year, marking an expansion in growth for three consecutive months [1][4][6] Group 2 - The increase in CPI is primarily driven by rising prices in services and industrial consumer goods [3]

Group 1 - The core viewpoint of the article highlights that in July, the effects of policies to expand domestic demand are becoming evident, with the Consumer Price Index (CPI) remaining flat year-on-year and increasing by 0.4% month-on-month after a previous decline of 0.1% [1] - The core CPI, excluding food and energy prices, rose by 0.8% year-on-year, marking an expansion in growth for three consecutive months [1] - Food prices decreased by 1.6% year-on-year, while non-food prices increased by 0.3% [1] Group 2 - The average CPI from January to July showed a decline of 0.1% compared to the same period last year [1] - The analysis indicates that the flat year-on-year CPI is primarily influenced by lower food prices, particularly fresh vegetable prices, which fell by 7.6% year-on-year, with a significant increase in the rate of decline [1] - Service prices increased by 0.6% month-on-month, contributing approximately 0.26 percentage points to the CPI increase, accounting for over 60% of the total rise [1]

Core Insights - The consumer price index (CPI) in China remained flat year-on-year in July, with a month-on-month increase of 0.4%, reversing a previous decline of 0.1% [1] - The core CPI, excluding food and energy prices, rose by 0.8% year-on-year, marking an expansion in growth for three consecutive months [1] Price Trends - Food prices decreased by 1.6% year-on-year, while non-food prices increased by 0.3% [1] - Consumer goods prices fell by 0.4% year-on-year, whereas service prices rose by 0.5% [1] - The average CPI from January to July showed a decline of 0.1% compared to the same period last year [1] Influencing Factors - The flat year-on-year CPI was primarily influenced by lower food prices, particularly fresh vegetables, which saw a 7.6% decrease, expanding the decline by 7.2 percentage points compared to the previous month [1] - Fresh fruit prices increased by 2.8% year-on-year, but the growth rate fell by 3.3 percentage points from the previous month [1] - The month-on-month increase in CPI was driven mainly by rising service prices, which increased by 0.6%, contributing approximately 0.26 percentage points to the CPI increase [1] - Industrial consumer goods prices rose by 0.5% month-on-month, with an increase of 0.4 percentage points compared to the previous month, contributing about 0.17 percentage points to the CPI rise [1]

Group 1 - The core CPI in July 2025 showed a year-on-year increase of 0.8%, marking the third consecutive month of growth [3] - The overall CPI in July shifted from a month-on-month decrease of 0.1% to an increase of 0.4%, while the year-on-year figure remained stable [3] - Service prices rose by 0.6% month-on-month in July, contributing over 60% to the total CPI increase, driven by high demand during the summer travel season [3] Group 2 - The Producer Price Index (PPI) decreased by 0.2% month-on-month in July, but the decline was narrowed by 0.2 percentage points compared to the previous month, marking the first month of reduced decline since March [3] - The domestic market's competitive order has improved, leading to a reduction in price declines for industries such as coal, steel, photovoltaic, and lithium batteries [3]