China-CPI/Oct

China's CPI up 0.7 pct in October

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  • ID : 8507464
  • Dateline : Nov 9, 2026/File
  • Location : China
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  • Published : 2026-11-09 10:35
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China-CPI/Oct

China's CPI up 0.7 pct in October

Dateline : Nov 9, 2026/File

Location : China

Duration : 1'30

  • English
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FILE: Laixi City, Shandong Province, east China - Oct 1, 2026 (CCTV - No access Chinese mainland)
1. Various of people in shopping mall

FILE: Huzhou City, Zhejiang Province, east China - Oct 2026 (CCTV - No access Chinese mainland)
2. Various of customers, employees at electronics stores

FILE: Jiangsu Province, east China - Oct 2026 (CCTV - No access Chinese mainland)
3. Various of customers, employees at home appliance stores

FILE: China - Date Unknown (CCTV - No access Chinese mainland)
4. Various of customers buying vegetables, fruits

Beijing, China - Nov 9, 2026 (CCTV - No access Chinese mainland)
5. SOUNDBITE (Chinese) He Xiaoying, deputy director, analysis and forecasting division, price monitoring center, National Development and Reform Commission (starting with shot 4/partially overlaid with shots 6-7):
"By category, improved inter-regional transport capacity for fresh vegetables and fruits has ensured ample supply, leading to year-on-year price declines for both. Egg-laying hens restocked earlier have gradually entered peak production, while egg consumption has moved into the off-season. As a result, egg prices fell month-on-month and the year-on-year increase narrowed. Meanwhile, growing demand for elderly care, childcare, housekeeping and other lifestyle services has pushed up household service prices. Overall, prices of daily necessities and services rose year-on-year."

++SHOTS OVERLAYING SOUNDBITE++
FILE: Zhejiang Province, east China - Date Unknown (CCTV - No access Chinese mainland)
6. Various of customers selecting eggs

FILE: China - Date Unknown (CCTV - No access Chinese mainland)
7. Various of housekeeper organizing cloths
++SHOTS OVERLAYING SOUNDBITE++
8. Aerial shot of traffic
9. Various of vehicle getting refueled at gas station
10. Aerial shot of traffic

FILE: Henan Province, central China - Oct 7, 2026 (CCTV - No access Chinese mainland)
11. Various of passengers at railway station


China's consumer price index (CPI), a main gauge of inflation, rose 0.7 percent year on year in October, the National Bureau of Statistics (NBS) said Monday.

On a monthly basis, the CPI was unchanged, according to the NBS. In the first 10 months of 2026, consumer prices rose 0.9 percent from a year earlier.

The year-on-year increase in October was mainly driven by higher non-food prices, which rose 1.5 percent, while food prices fell 2.9 percent, weighing on overall inflation.

Food, tobacco, alcohol and dining out prices declined 1.6 percent year on year, dragging down the CPI by 0.48 percentage points. Fresh vegetable prices dropped 16.9 percent and pork prices fell 8.6 percent, while egg prices rose 10.1 percent.

Among the other seven categories, six saw year-on-year price increases and one saw a decline. Transportation and communication prices led the gains with a 5.5 percent increase, followed by health care at 2.4 percent and other supplies and services at 1.8 percent. Housing-related costs fell 0.3 percent.

On a month-on-month basis, food, tobacco, alcohol and dining out prices fell 0.5 percent, dragging down the CPI by 0.16 percentage points. Transportation and communication, education, culture and recreation, and health care prices rose 1.0 percent, 0.3 percent and 0.1 percent, respectively.

An industry observer said supply and demand changes have led to the product price changes.

"By category, improved inter-regional transport capacity for fresh vegetables and fruits has ensured ample supply, leading to year-on-year price declines for both. Egg-laying hens restocked earlier have gradually entered peak production, while egg consumption has moved into the off-season. As a result, egg prices fell month-on-month and the year-on-year increase narrowed. Meanwhile, growing demand for elderly care, childcare, housekeeping and other lifestyle services has pushed up household service prices. Overall, prices of daily necessities and services rose year-on-year," said He Xiaoying, deputy director at the analysis and forecasting division of the price monitoring center under the National Development and Reform Commission.

ID : 8507464

Published : 2026-11-09 10:35

Last Modified : 2026-11-09 20:16:39

Source : China Central Television (CCTV)

Restrictions : No access Chinese mainland

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