Hey there! 👋 Ready for your quick dose of econ news? In October 2025, the Chinese mainland saw consumer prices rise by 0.2% compared to last yearthats what economists call the CPI (Consumer Price Index), our main gauge of how pricey stuffs getting.
On the month-to-month front, prices also ticked up 0.2%. And if you strip out volatile items like food and energy (a measure called core CPI), the jump was even bigger: 1.2% year-on-year. Thats the sixth month in a row of faster growthkinda like a combo of festival sales 🎉 and policies encouraging more spending.
Dong Lijuan, a statistician at the National Bureau of Statistics, says these price bumps are a mix of holiday splurges (think National Day & Mid-Autumn Festival) and government moves to boost local demand.
But its not all about shoppers. The PPI (Producer Price Index), which tracks factory-gate prices, was down 2.1% year-on-year in Octoberan improvement from Septembers 2.3% drop. More interestingly, factory prices nudged up 0.1% from September, the first monthly gain this year, thanks to better supply-demand vibes and rising global commodity costs.
So, whats the takeaway? Consumer goods are getting a bit pricier, while factories are adjusting to shifts in demand. Whether youre budgeting for groceries or eyeing investments, these numbers offer a snapshot of where the Chinese mainland economy is headed. Stay tuned for more updates! 🔍
Reference(s):
cgtn.com
