On July 9th, according to the website of the National Bureau of Statistics, the national consumer price index rose by 1.0% year-on-year in June 2026. Among them, urban areas rose by 1.0% and rural areas rose by 0.8%; Food prices decreased by 1.6%, while non food prices increased by 1.5%; Consumer goods prices increased by 1.1%, and service prices increased by 0.8%. On average from January to June, the national consumer price index rose by 1.0% compared to the same period last year.

In June, the national consumer price index decreased by 0.3% month on month. Among them, urban areas decreased by 0.4% and rural areas decreased by 0.3%; Food prices decreased by 0.4%, while non food prices decreased by 0.3%; Consumer goods prices decreased by 0.6%, while service prices remained unchanged.

Year on year changes in prices of various goods and services

In June, the prices of food, tobacco, alcohol, and dining out decreased by 0.8% year-on-year, affecting the CPI (Consumer Price Index) by about 0.24 percentage points. In the food industry, the price of animal meat decreased by 7.3%, affecting the CPI by about 0.30 percentage points, with pork prices dropping by 15.9%; The price of dairy products decreased by 1.7%, affecting the CPI by about 0.02 percentage points; The price of fresh fruits decreased by 0.7%, affecting the CPI by about 0.01 percentage points; The price of eggs has increased by 16.0%, affecting the CPI by about 0.08 percentage points.

The prices of the other seven major categories increased six times and decreased one time year-on-year. Among them, the prices of other supplies and services, transportation and communication, and healthcare increased by 6.6%, 4.1%, and 2.3% respectively. The prices of clothing, education, culture, and entertainment all increased by 1.4%, and the prices of daily necessities and services increased by 1.3%; Residential prices have decreased by 0.3%.

Changes in prices of various goods and services on a month on month basis

In June, the prices of food, tobacco, alcohol, and dining out decreased by 0.3% month on month, affecting the CPI by about 0.08 percentage points. In the food industry, the price of fresh fruits decreased by 2.0%, affecting the CPI by about 0.04 percentage points; Fresh vegetable prices decreased by 1.0%, resulting in a decrease of approximately 0.02 percentage points in CPI; The price of livestock meat decreased by 0.5%, affecting a decrease of about 0.02 percentage points in CPI, with pork prices decreasing by 0.8%; The price of eggs increased by 5.8%, affecting the CPI by about 0.03 percentage points.

The prices of the other seven major categories have increased, leveled, and decreased month on month. Among them, healthcare prices increased by 0.2%; Residential, educational, cultural, and entertainment prices remain unchanged; The prices of other supplies and services, transportation and communication decreased by 2.7% and 1.3% respectively, while the prices of daily necessities and services, and clothing decreased by 0.2% and 0.1% respectively.

Interpretation by Dong Lijuan, Chief Statistician of the Urban Department of the National Bureau of StatisticsIt is pointed out that in June, influenced by seasonal factors and international market price fluctuations, the Consumer Price Index (CPI) decreased by 0.3% month on month and increased by 1.0% year-on-year. The core CPI, which excludes food and energy prices, increased by 1.0% year-on-year, continuing to maintain a moderate upward trend.

From a month on month perspective, the national CPI decreased by 0.3%.Affected by price fluctuations in the international market, domestic gold jewelry and gasoline prices have decreased by 8.7% and 4.9% respectively, with a decrease of 5.9 and 4.6 percentage points respectively compared to the previous month. The total impact on CPI has decreased by about 0.22 percentage points compared to the previous month, and the downward impact on CPI has increased by about 0.19 percentage points compared to the previous month. Food prices decreased by 0.4%, the same decrease as last month, affecting a month on month decrease of approximately 0.07 percentage points in CPI. In the food industry, a large number of seasonal fruits and vegetables have been launched, and the market supply is sufficient. The prices of fresh vegetables and fruits have decreased by 1.0% and 2.0% respectively, resulting in a total decrease of about 0.06 percentage points in CPI compared to the previous period; The prices of pork and aquatic products decreased by 0.8% and 0.6% respectively, with a total impact of about 0.02 percentage points on the month on month decrease in CPI; The inventory of laying hens is at a low level, coupled with a decrease in egg production rate due to high temperatures, resulting in a 7.0% increase in egg prices and an impact on the CPI month on month increase of about 0.03 percentage points. The service price has remained unchanged from a 0.1% decrease last month. In terms of service, due to factors such as airlines lowering fuel surcharges and a decline in off-season travel demand, hotel accommodation, airline tickets, and travel agency fees have decreased by 5.3%, 4.0%, and 0.7% respectively, resulting in a total decrease of about 0.04 percentage points in CPI compared to the previous period; Affected by policy price adjustments in some regions, the national medical service prices increased by 0.3%, resulting in a month on month increase of approximately 0.02 percentage points in CPI.

From a year-on-year perspective, the national CPI rose by 1.0%, a decrease of 0.2 percentage points from the previous month.International input factors have led to a decline in the price increase of domestic industrial consumer goods. The prices of industrial consumer goods rose by 2.9%, a decrease of 1.0 percentage point from the previous month, affecting a year-on-year increase of about 0.90 percentage points in CPI, and a decrease of about 0.28 percentage points in the upward impact on CPI compared to the previous month. In industrial consumer goods,Gold jewelry and gasoline prices have fallen back to 28.1% and 17.0% respectivelyThe total impact on CPI increased by about 0.60 percentage points year-on-year, and the upward impact on CPI decreased by about 0.23 percentage points compared to the previous month; The prices of personal care products and household appliances increased by 2.3% and 2.2% respectively, with both increases falling back. The service price increased by 0.8%, the same as last month, which affected the year-on-year increase of CPI by about 0.40 percentage points. In terms of services, the prices of medical services and education services have increased by 3.4% and 0.6% respectively, while the prices of domestic services and dining out have increased by 1.4% and 1.1% respectively, with overall stable growth rates. Food prices decreased by 1.6%, narrowing the decline by 0.1 percentage points compared to the previous month, resulting in a year-on-year decrease of approximately 0.28 percentage points in CPI. In the food industry, pork prices have decreased by 15.9%, with a decrease of 0.2 percentage points compared to the previous month, affecting a year-on-year decrease of about 0.30 percentage points in CPI; The prices of fresh vegetables, fruits, grains, edible oil, dairy products, and aquatic products have decreased by 0.3% to 1.7%; Egg prices have risen by 20.0%, an increase of 11.6 percentage points compared to the previous month; The prices of lamb, beef, and poultry have increased by 1.4% to 6.0%. (Zhongxin Jingwei APP)