---
title: "Outlook: Due to factors such as weather, China's year-on-year CPI growth rate in August may further rise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/213464917.md"
description: "Due to factors such as weather, industry insiders generally believe that China's year-on-year CPI growth rate in August may further rise, while domestic demand remains stable. At the same time, due to the high base effect of the same period last year, the year-on-year decline in PPI may widen. Analysis shows that food prices are being driven by pork and seasonal effects, with an expected increase on a month-on-month basis, although pork prices may slightly fall in the latter part of the month"
datetime: "2024-09-04T17:55:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/213464917.md)
  - [en](https://longbridge.com/en/news/213464917.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/213464917.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/213464917.md) | [繁體中文](https://longbridge.com/zh-HK/news/213464917.md)


# Outlook: Due to factors such as weather, China's year-on-year CPI growth rate in August may further rise

Interviewed several industry insiders on September 4th to look ahead at the August CPI and PPI data. The interviewees generally believe that in August, affected by factors such as weather, the year-on-year increase in CPI may further rise; domestic demand trends are stable, coupled with the high base effect of the same period last year, the year-on-year decline in PPI may once again widen. Wen Bin, Chief Economist of Minsheng Bank, analyzed that in August, food prices driven by pork and seasonal effects are expected to rise on a month-on-month basis.

A research report from TF Securities analyzed that in August, pork prices continued to rise, with a slight decline in the latter part of the month

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