Group 1: Consumer Price Index (CPI) Analysis - In November, Guangdong's Consumer Price Index (CPI) increased by 0.4% year-on-year, with a month-on-month decrease of 0.4% [1] - The average CPI from January to November showed a decline of 0.2% compared to the same period last year [1] - Food prices rose by 0.3% year-on-year, contributing approximately 0.06 percentage points to the CPI increase [1] - Service prices remained stable with a year-on-year increase of 0.4%, while industrial consumer goods prices rose by 0.2%, a decrease of 0.2 percentage points from October [1] - Notable increases in jewelry prices included gold (up 59.3%), platinum (up 55.1%), and silver (up 10.8%), collectively contributing about 0.24 percentage points to the CPI [1] - Clothing prices increased by 2.3%, while prices for fuel and new energy vehicles decreased by 4.1% and 4.9%, respectively [1] - Energy prices fell by 3.3%, with gasoline prices down 7.6%, impacting the CPI by approximately 0.28 percentage points [1] Group 2: Producer Price Index (PPI) Analysis - In November, Guangdong's Producer Price Index (PPI) decreased by 1.6% year-on-year, with a month-on-month increase of 0.1% [2] - The Industrial Producer Price Index (IPI) saw a year-on-year decline of 2.5% and a month-on-month increase of 0.3% [2] - From January to November, the average PPI fell by 1.5%, while the IPI decreased by 2.9% [2] - Among 38 major industries surveyed, 10 experienced price increases, 25 saw declines, and 3 remained stable, indicating an industry increase rate of 26.3%, which is a 5.2 percentage point increase from October [2] - Prices for production materials decreased by 2.2%, while living materials saw a decline of 0.6%, with the latter's decline remaining stable compared to October [2] - In terms of month-on-month changes, 16 industries increased prices, 14 decreased, and 8 remained stable, maintaining an industry increase rate of 42.1% [2] - The decline in oil prices affected the petrochemical sector, leading to a 0.8% price drop, while the rise in gold prices boosted prices in the cultural and sports goods manufacturing sector by 2.9% [2] - The black metal mining sector saw a price increase of 2.7% due to adjustments in steel production capacity and increased demand, while the black metal smelting and rolling industry rose by 1.5% [2] - The non-ferrous metal smelting and rolling industry experienced a 1.7% price increase due to tight copper supply and rising demand from emerging industries [2] - Electrical machinery and equipment manufacturing prices rose by 0.3% due to increased raw material costs, while computer manufacturing prices increased by 1.6% driven by AI server demand [2]

Group 1 - In July 2025, Guangdong's Consumer Price Index (CPI) decreased by 0.3% year-on-year, with the decline narrowing by 0.1 percentage points compared to the previous month; month-on-month, it shifted from a decrease of 0.2% to an increase of 0.5% [1] - From January to July 2025, the average CPI in Guangdong fell by 0.4% compared to the same period last year [1] Group 2 - In July 2025, Guangdong's Producer Price Index (PPI) decreased by 2.0% year-on-year, with the decline widening by 0.2 percentage points compared to the previous month; month-on-month, it fell by 0.2%, with the decline narrowing by 0.1 percentage points [1] - The Industrial Producer Purchase Price Index (IPI) in Guangdong decreased by 4.1% year-on-year and fell by 0.3% month-on-month in July 2025 [1] - From January to July 2025, the average PPI in Guangdong decreased by 1.4%, while the IPI fell by 2.8% [1]

Group 1: Consumer Price Index (CPI) Analysis - In June, the Consumer Price Index (CPI) in Guangdong decreased by 0.4% year-on-year, maintaining the same decline as in May, and a month-on-month decrease of 0.2%, which is a larger decline than the previous month by 0.1 percentage points [1] - The core CPI, excluding food and energy prices, increased by 0.3% year-on-year, with a decrease in growth rate of 0.1 percentage points compared to the previous month [1] - For the first half of the year, the average CPI in Guangdong decreased by 0.4% compared to the same period last year [1] Group 2: Food and Non-Food Price Trends - In June, food prices in Guangdong fell by 1.0% year-on-year, with the decline expanding by 0.2 percentage points compared to May, contributing approximately 0.20 percentage points to the CPI decrease [2] - Non-food prices also saw a year-on-year decline of 0.3%, consistent with May, impacting the CPI by about 0.21 percentage points [2] - Month-on-month, food prices decreased by 0.1%, contributing approximately 0.02 percentage points to the CPI decline, while non-food prices fell by 0.2%, impacting the CPI by about 0.16 percentage points [3] Group 3: Producer Price Index (PPI) Overview - In June, the Producer Price Index (PPI) in Guangdong decreased by 1.8% year-on-year, with the decline remaining consistent with May, and a month-on-month decrease of 0.3%, which is a larger decline than the previous month by 0.1 percentage points [4] - The average PPI for the first half of the year showed a decrease of 1.3% compared to the same period last year [4] - Among the 38 major industries surveyed, 11 experienced price increases, while 26 saw declines, indicating an industry increase rate of 28.9%, which is an expansion of 2.6 percentage points compared to May [4] Group 4: Industry-Specific Price Movements - Significant price fluctuations were noted in various industries, with the price of educational, cultural, and sports goods manufacturing rising by 10.6%, while black metal mining prices fell by 14.8% [4] - The prices in the petroleum, coal, and other fuel processing industries decreased by 13.1%, and the oil and gas extraction industry saw a decline of 10.1% [4] - The black metal smelting and rolling industry experienced a price drop of 9.5%, and the chemical fiber manufacturing industry saw a decrease of 7.0% [4]