Group 1 - The Consumer Price Index (CPI) in May showed a year-on-year decrease of 0.1%, with the core CPI, excluding food and energy, rising by 0.6%, an increase of 0.1 percentage points from the previous month [1][2] - The decline in CPI was primarily influenced by a 1.7% decrease in energy prices, which accounted for nearly 70% of the total decline [2] - Food prices decreased by 0.2%, with seasonal vegetables seeing a price drop of 5.9%, while prices for eggs, pork, and poultry slightly decreased by 0.3% to 1.0% [2] Group 2 - Consumer demand is recovering, with hotel accommodation prices rising by 4.6%, the highest increase for the same period in nearly a decade [3] - Core CPI's year-on-year increase of 0.6% reflects positive changes in certain sectors, with industrial consumer goods prices, excluding energy, also rising by 0.6% [3] - Prices for high-tech products, such as integrated circuits and wearable devices, have increased, indicating a growing demand in these sectors [4] Group 3 - The Producer Price Index (PPI) decreased by 0.4% month-on-month and 3.3% year-on-year, but some sectors are showing positive price trends [4] - The prices of photovoltaic equipment and lithium-ion batteries have seen a narrowing of their year-on-year decline, indicating improved supply-demand dynamics in the new energy sector [5] - The outlook for prices suggests that strong holiday tourism demand may further release consumption potential, leading to an increase in related service prices [5]