Group 1 - The overall supply of the food market in Yongzhou is sufficient, with the Consumer Price Index (CPI) in July showing a year-on-year decrease of 0.9% and a month-on-month increase of 0.2% [1] - Prices of eight major categories of goods showed a "three increases, three decreases, and two stable" trend year-on-year, with other goods and services up by 9.3%, daily necessities up by 1.1%, and healthcare up by 0.1% [1] - Year-on-year price changes for food, tobacco, and alcohol decreased by 2.8%, transportation and communication decreased by 2.2%, and housing decreased by 1.5%, while clothing and education, culture, and entertainment remained stable [1] Group 2 - Fresh food prices mainly decreased, with fresh vegetable prices increasing by 1.1% month-on-month, while pork prices decreased by 0.9% and fresh fruit prices decreased by 3.7% [2] - Non-food prices increased by 0.4% month-on-month, contributing approximately 0.34 percentage points to the CPI increase, with service prices rising by 0.3% [2] - The rise in service prices was driven by the peak travel season, leading to a 15.7% increase in airfare and a 4.5% increase in travel agency fees [2]

Group 1: Consumer Price Index (CPI) Analysis - In July, the Consumer Price Index (CPI) in Guangdong showed a narrowing year-on-year decline of 0.3%, an improvement of 0.1 percentage points from the previous month [2] - The core CPI, excluding food and energy prices, increased by 0.4% year-on-year, with the growth rate expanding by 0.1 percentage points compared to last month [1] - Month-on-month, the CPI shifted from a decrease of 0.2% in the previous month to an increase of 0.5% in July, driven by a significant rise in non-food prices [3] Group 2: Food and Non-Food Price Trends - Food prices decreased by 1.1% year-on-year, contributing approximately 0.21 percentage points to the CPI decline, with pork prices down 2.4% and egg prices down 4.8% [2] - Non-food prices saw a slight decrease of 0.1% year-on-year, but the decline was less than the previous month, contributing about 0.07 percentage points to the CPI decline [2] - Month-on-month, food prices fell by 0.3%, while non-food prices increased by 0.6%, with significant increases in air ticket prices (up 29.8%) and tourism prices (up 14.7%) due to the summer peak season [3] Group 3: Producer Price Index (PPI) Insights - The Producer Price Index (PPI) experienced a year-on-year decline of 2.0%, with the decline rate widening by 0.2 percentage points from the previous month [4] - In the PPI survey, 38 major industries showed 8 increases and 29 decreases, with an industry increase rate of 21.1%, down 7.8 percentage points from last month [4] - Month-on-month, the PPI decreased by 0.2%, with the decline rate narrowing by 0.1 percentage points, and 11 industries reported price increases [5]

Group 1 - The core viewpoint of the article highlights the continuous recovery of the core CPI in July 2025, with a month-on-month increase in CPI and a narrowing decline in PPI [1][2][4] - The CPI increased by 0.4% month-on-month, driven by rising prices in services and industrial consumer goods, with service prices contributing approximately 0.26 percentage points to the CPI increase [2][3] - The core CPI, excluding food and energy, rose by 0.8% year-on-year, marking the highest increase since March 2024, influenced by significant price increases in gold and platinum jewelry [2][3] Group 2 - The PPI decreased by 0.2% month-on-month, with the decline narrowing by 0.2 percentage points compared to the previous month, marking the first month-on-month narrowing since March [4][5] - The decline in PPI was influenced by seasonal factors and uncertainties in the international trade environment, affecting prices in several industries, including non-metallic mineral products and coal mining [4][5] - Year-on-year, the PPI fell by 3.6%, with some industries experiencing price recovery due to improved supply-demand relationships and ongoing macroeconomic policies [5][6]

Group 1: CPI Analysis - The Consumer Price Index (CPI) increased by 0.4% month-on-month in July, reversing a previous decline of 0.1% in June, with year-on-year growth remaining flat [1][2] - The core CPI, excluding food and energy, rose by 0.8% year-on-year, marking the highest increase since March 2024, with a continuous expansion in growth for three consecutive months [2][3] - Service prices contributed significantly to the CPI increase, with a month-on-month rise of 0.6%, driven by seasonal factors such as summer travel, affecting prices of flights, hotels, and transportation [2][3] Group 2: PPI Analysis - The Producer Price Index (PPI) decreased by 0.2% month-on-month, but the decline was less than the previous month, marking the first narrowing of the month-on-month decline since March [4][5] - Year-on-year, the PPI fell by 3.6%, with the decline remaining consistent with the previous month, indicating some stabilization in certain industries due to improved supply-demand relationships [5][6] - Seasonal factors and uncertainties in international trade impacted prices in several sectors, including construction materials and energy, while domestic market competition helped to narrow price declines in various industries [4][5]