Data from the National Bureau of Statistics in the Chinese mainland shows that in July, the consumer price index (CPI) held steady at 0.0 percent year-on-year, highlighting a pause in inflationary pressures.
On a monthly basis, CPI rebounded with a 0.4 percent increase, reversing June’s 0.1 percent drop. Core inflation, which strips out food and energy costs, climbed 0.8 percent year-on-year, marking a third straight month of acceleration.
Meanwhile, the producer price index (PPI) eased on seasonal factors, reflecting typical summer slowdowns in manufacturing output and maintenance cycles.
For global citizens watching supply chains and central bank policies, these mixed signals underscore the delicate balance between consumer demand and industrial momentum in the world’s second-largest economy. Stay tuned as investors, entrepreneurs, and policymakers parse this data to gauge the next steps in global market trends.
Reference(s):
China's CPI remains flat in July, PPI declines on seasonal factors
cgtn.com
