8月物价、外贸、金融数据，哪些值得关注？一文速览 核心CPI涨幅连续4个月扩大 国家统计局10日发布的数据显示，8月CPI环比持平，同比下降0.4%P；PPI环比由7月下降0.2%转为持 平，同比下降2.9%，降幅比7月收窄0.7个百分点；扣除食品和能源价格的核心CPI同比上涨0.9%，涨幅 连续4个月扩大。 关于下阶段物价走势，国家统计局表示，尽管外部环境复杂多变，国际大宗商品价格波动影响还存在不 确定性，国内部分行业竞争压力较大，但随着更加积极的宏观政策显效，提振消费专项行动继续发力， 依法依规治理企业低价无序竞争，推进重点行业产能治理，经济新动能成长壮大，价格合理回升的基础 将不断夯实。 【点评】专家分析，8月CPI同比由平转降，主要是上年同期基数走高叠加当月食品价格涨幅低于季节 性水平所致。接下来，核心CPI增速有望在"反内卷"政策继续支撑工业消费品价格走高、需求刺激政 策、低基数的叠加影响下继续提高，从而支撑整体CPI稳定。而PPI同比降幅自3月份以来首次收窄，除 了低基数效应和输入型因素改善之外，主要得益于统一大市场战略的纵深推进，使得企业间无序竞争得 到有效遏制、重点产业产能调控稳步实施、供需结 ...

Group 1: CPI and PPI Overview - In August, the Consumer Price Index (CPI) decreased by 0.4% year-on-year, while the Producer Price Index (PPI) showed signs of improvement, remaining flat month-on-month after a decline in July [1][4] - The core CPI, excluding food and energy prices, increased by 0.9% year-on-year, marking the fourth consecutive month of growth [4][12] - The PPI year-on-year decline narrowed to 2.9%, a reduction of 0.7 percentage points compared to July, marking the first contraction since March [6][10] Group 2: Factors Influencing CPI and PPI - The decline in CPI was primarily influenced by a high base from the previous year and lower food prices, which fell by 4.3% year-on-year, with significant drops in pork, fresh vegetables, and eggs [12][13] - The PPI's month-on-month stability was attributed to improved supply-demand relationships and the impact of international commodity prices, particularly in the energy and raw materials sectors [5][9] - The government's proactive macroeconomic policies and the ongoing construction of a unified national market have contributed to a narrowing of the year-on-year decline in PPI [9][10] Group 3: Industry and Market Dynamics - The industrial sector is experiencing a positive shift, with prices in coal processing, black metal smelting, and photovoltaic equipment manufacturing showing reduced year-on-year declines [9][10] - The Ministry of Industry and Information Technology emphasized the importance of industry governance to combat irrational competition, which has shown initial success [11] - Analysts predict that the PPI's year-on-year decline may further narrow to around -2.3% in September, with expectations of a gradual recovery in the fourth quarter [10][14]