Consumer prices in China rose 1.2% year on year, higher than expectations of 0.9%.
Starting in 2026, the National Bureau of Statistics re-weighted the index to include dining out in this category and reduced the weighting of grocery prices. This category has the highest weight in the index at 29.5%.
In addition to falling pork prices, the subsidy war among major food delivery platforms has artificially low prices for food delivery products and also squeezed margins for sit-down restaurants.
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