China's consumer inflation rises 0.8% year-on-year in August

China's August CPI rose 0.8% y/y, matching forecasts, while PPI climbed 3.8%, slightly above expectations.

09/09/2026 01:412 min read

China released its inflation data for August 2026 on Friday.

The consumer price index (CPI) climbed 0.8% from a year earlier, the National Bureau of Statistics (NBS) reported, citing higher energy costs.

  • The figure matched the 0.8% forecast, accelerating from a 0.5% increase in July.

On a month-over-month basis, the CPI rose 0.4%.

  • Economists had anticipated a 0.3% gain, compared with a 0.1% decline in the prior month.

The producer price index (PPI) increased 3.8% from a year ago.

  • That compared with expectations of 3.7% and a 3.5% rise previously.

The PPI was up 0.4% from the previous month.

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