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China September 2026 Macro Update: CPI Rises to 0.6% & Retail Sales Pick Up

2026-09-14β€’INFLATION

Executive Summary

The National Bureau of Statistics (NBS) released China's August macroeconomic data in mid-September 2026. Consumer Price Index (CPI) increased by 0.6% YoY, up 0.1 percentage point from July, while Retail Sales grew by 3.4% YoY.

Driver Analysis

Food prices and summer travel service consumption supported the rebound in CPI and retail volume, while Manufacturing PMI stood at 49.1%.

Related Data

Disclaimer: This insight is provided for informational purposes only and does not constitute financial advice.