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Core CPI continued to rebound in August, and the year-on-year decline in PPI narrowed
2025-09-11 source:CCTV.com

CCTV News (News Network): Data released by the National Bureau of Statistics on September 10 showed that in August, my country's consumer market was generally stable, and the consumer price index (CPI) remained flat on the month-on-month and decreased year-on-year. At the same time, as the policy of expanding domestic demand and promoting consumption continues to be effective, the core CPI, excluding food and energy prices, rose by 0.9% year-on-year, an increase of 0.1 percentage point from the previous month, expanding for the fourth consecutive month.

In addition, since the beginning of this year, with the deepening of the construction of a unified national market, disorderly competition among enterprises has been governed, production capacity governance in key industries has been carried out in an orderly manner, supply and demand relationships in some industries have improved, and prices have undergone positive changes. In August, the industrial producer price index (PPI) remained flat on a month-on-month basis, ending the downward trend for eight consecutive months; the year-on-year decline narrowed by 0.7 percentage points from the previous month, the first time it narrowed since March this year.

Emerging industries are growing vigorously. The deep integration of scientific and technological innovation and industrial innovation, green development improves quality and efficiency, and drives the price of industries such as ship and related device manufacturing, communication system equipment manufacturing, etc. to rebound year-on-year.

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