China’s consumer prices ticked up in September, with fresh economic policies sparking optimism for a steady recovery. 🌍 The Consumer Price Index (CPI) rose 0.4% year-on-year, reflecting stable household goods costs despite mixed trends in food and travel sectors. 🛒 While pork and vegetable prices jumped due to weather disruptions, falling travel demand post-summer break dragged down airfare and hotel rates.
On the production side, the Producer Price Index (PPI) dipped 2.8% annually, linked to softer global commodity prices and slower domestic demand. However, the month-to-month decline narrowed slightly, hinting at stabilization. 📉 “The real estate sector is still adjusting, but steel demand is rebounding,” noted National Bureau of Statistics expert Dong Lijuan.
Recent government moves aim to fuel growth: the central bank rolled out monetary easing, while 200 billion yuan ($28B) in 2025 budget funds were fast-tracked. 💸 “Aggressive policies will boost confidence and demand,” said JLL economist Bruce Pang. With inflation under control and stimulus ramping up, analysts predict a gradual market revival. 💡
