Dong Lijuan, chief statistician of the City Department of the National Bureau of Statistics, interpreted the CPI and PPI data for October 2026. On a month-on-month basis, the national CPI changed from a 0.2% increase last month to a flat rate. Among them, the price of industrial consumer goods rose 0.3%, down 0.4 percentage points from the previous month, affecting the CPI increase by about 0.10 percent month-on-month. Among industrial consumer goods, due to price changes in the international market, domestic gasoline prices rose 4.2%, down 0.7 percentage points from the previous month, affecting the CPI increase by about 0.14 percentage points month-on-month; the price of gold jewelry fell 5.9%, an increase of 3.8 percentage points over the previous month, affecting the CPI decline by about 0.03 percentage points month-on-month. Service prices changed from a 0.2% drop last month to a 0.1% increase, affecting the CPI increase by about 0.04 percent month on month. In terms of services, the number of travelers increased during the National Day holiday, and hotel accommodation, airline tickets, and travel agency fees increased by 6.5%, 3.3%, and 2.4% respectively, which together affected the CPI increase by about 0.04 percent month on month. Food prices changed from a 0.4% increase last month to a 1.0% decline, affecting the CPI decline by about 0.17 percent month-on-month.

Dong Lijuan, chief statistician of the City Department of the National Bureau of Statistics, interpreted the CPI and PPI data for October 2026. On a month-on-month basis, the national CPI changed from a 0.2% increase last month to a flat rate. Among them, the price of industrial consumer goods rose 0.3%, down 0.4 percentage points from the previous month, affecting the CPI increase by about 0.10 percent month-on-month. Among industrial consumer goods, due to price changes in the international market, domestic gasoline prices rose 4.2%, down 0.7 percentage points from the previous month, affecting the CPI increase by about 0.14 percentage points month-on-month; the price of gold jewelry fell 5.9%, an increase of 3.8 percentage points over the previous month, affecting the CPI decline by about 0.03 percentage points month-on-month. Service prices changed from a 0.2% drop last month to a 0.1% increase, affecting the CPI increase by about 0.04 percent month on month. In terms of services, the number of travelers increased during the National Day holiday, and hotel accommodation, airline tickets, and travel agency fees increased by 6.5%, 3.3%, and 2.4% respectively, which together affected the CPI increase by about 0.04 percent month on month. Food prices changed from a 0.4% increase last month to a 1.0% decline, affecting the CPI decline by about 0.17 percent month-on-month.