China NBS: MoM, gasoline up 4.9%—driven by international price moves—with the increase narrowing 2.3 ppt vs. last month; gold jewelry swung from +7.6% last month to -2.1%. Gasoline and gold together added ~0.14 ppt to MoM CPI. Mobile phones +3.7%, co

2026-10-14

China NBS: MoM, gasoline up 4.9%—driven by international price moves—with the increase narrowing 2.3 ppt vs. last month; gold jewelry swung from +7.6% last month to -2.1%. Gasoline and gold together added ~0.14 ppt to MoM CPI. Mobile phones +3.7%, computers +2.0%, data storage devices +1.7% and tablets +1.5% on higher input costs, collectively adding ~0.04 ppt to MoM CPI. Autumn apparel launches lifted clothing prices 0.7%, adding ~0.03 ppt. Food prices +0.4% MoM (unchanged), 0.8 ppt below seasonal level, adding ~0.06 ppt to MoM CPI.