China’s consumer prices fall more than expected in August as deflation woes persist

• The consumer price index dipped 0.4% last month from a year earlier, worse than economists’ forecast for a 0.2% contraction.
• Core CPI, stripping out the volatile food and energy prices, rose 0.9% from a year earlier.
• The producer price index dropped 2.9% in August from a year ago, in line with economists’ estimates.

China’s consumer prices fell more than expected in August while deflation in factory-gate prices persisted, as calls mounted for Beijing to ramp up measures to bolster sluggish domestic demand and cushion weakening exports growth.

The consumer price index dipped 0.4% last month from a year earlier, according to data from the National Bureau of Statistics released Wednesday, compared with Reuters-polled economists’ forecast for a 0.2% contraction.

Core CPI, which strips out volatile food and energy prices, rose 0.9% from a year earlier, according to the official release.

The producer price index dropped 2.9% in August from a year ago, in line with economists’ estimates in a Reuters poll.

https://www.cnbc.com/2025/09/10/china-cpi-august-deflation-.html