Core Insights - In August, Nanjing's consumer price index (CPI) decreased by 0.7% year-on-year, with food prices dropping by 5.1% and non-food prices increasing by 0.3% [1][2] - The core CPI, excluding food and energy, rose by 0.6% year-on-year, marking an increase of 0.4 percentage points from the previous month [2] - Month-on-month, the CPI increased by 0.3%, driven by a 1.7% rise in food prices [3] Year-on-Year Price Changes - Eight categories of prices showed a mixed trend with five categories increasing and three decreasing [2] - Categories that saw price increases include clothing (1.7%), household goods and services (2.6%), education and culture (0.8%), healthcare (2.0%), and other goods and services (10.0%) [2] - Categories with price declines include food and tobacco (3.0%), housing (0.6%), and transportation and communication (3.1%) [2] Month-on-Month Price Changes - Month-on-month, five categories increased while three decreased [3] - Notable increases were seen in food and tobacco (1.2%), healthcare (1.7%), and education and culture (0.4%) [3] - Decreases were observed in clothing (0.8%), housing (0.3%), and household goods and services (0.5%) [3] Food Price Dynamics - Food prices year-on-year decreased by 5.1%, significantly impacting the overall price level by approximately 0.91 percentage points [2] - Specific food items such as fresh vegetables, pork, and shrimp saw declines of 17.4%, 15.7%, and 5.9% respectively, while freshwater fish prices increased by 7.0% [2] - Month-on-month, food prices rose by 1.7%, contributing about 0.28 percentage points to the overall price level [3] Non-Food Price Trends - Non-food prices shifted from a 0.1% decline to a 0.3% increase year-on-year, contributing approximately 0.24 percentage points to the overall price level [2] - Industrial consumer goods prices increased by 0.6%, while service prices remained stable [2] - Month-on-month, industrial consumer goods prices decreased by 0.3%, with notable declines in gasoline and diesel prices [3]