NBS Urban Department chief statistician Dong Lijuan said May 2026 CPI fell 0.1%
MoM and rose 1.2% YoY; core CPI excluding food and energy rose 1.1% YoY.
Producer prices (PPI) rose 0.5% MoM and 3.9% YoY, driven by firmer domestic
industrial demand and pass-through from international commodity price
volatility.