Consumer prices in October 2026 increased by 0.7% year-on-year

In October 2026, the national consumer price increased by 0.7% year-on-year. Among them, urban prices increased by 0.7% and rural areas increased by 0.7%; food prices fell by 2.9%, non-food prices increased by 1.5%; consumer goods prices increased by 0.8%, and service prices increased by 0.7%. On average from January to October, the national consumer price increased by 0.9% compared with the same period last year.

In October, the national consumer price remained unchanged month-on-month. Among them, urban prices remained the same and rural areas dropped by 0.1%; food prices dropped by 1.0% and non-food prices increased by 0.2%; consumer goods prices dropped by 0.1% and service prices increased by 0.1%.

1. Year-on-year changes in prices of various commodities and services

In October, the prices of food, tobacco, alcohol and catering outside the home fell by 1.6% year-on-year, affecting the CPI (Consumer Price Index) to fall by about 0.48 percentage points. Among foods, the price of fresh vegetables fell by 16.9%, affecting the CPI to fall by about 0.31 percentage points; the price of fresh fruits fell by 3.8%, affecting the CPI to fall by about 0.07 percentage points; the price of livestock and meat fell by 2.7%, affecting the CPI to fall by about 0.11 percentage points, of which the price of pork fell by 8.6%; the price of eggs rose by 10.1%, affecting the CPI to rise by about 0.05 percentage points.

The prices of the other seven major categories increased six times and fell one year on year. Among them, the prices of transportation and communications, medical care, and other supplies and services increased by 5.5%, 2.4%, and 1.8% respectively; the prices of education, culture, entertainment, clothing, daily necessities, and services increased by 1.5%, 1.1%, and 0.2% respectively; and the price of housing decreased by 0.3%.

2. Month-on-month changes in prices of various commodities and services

In October, the prices of food, tobacco, alcohol and catering outside the home fell by 0.5% month-on-month, affecting the CPI to fall by about 0.16 percentage points. Among foods, the price of fresh vegetables fell by 5.8%, affecting the CPI to fall by about 0.09 percentage points; the price of eggs fell by 5.2%, affecting the CPI to fall by about 0.03 percentage points; the price of aquatic products fell by 1.3%, affecting the CPI to fall by about 0.02 percentage points; the price of livestock and meat remained unchanged, of which the price of pork fell by 1.0%.

The prices of the other seven major categories increased three times month-on-month, two were flat and two fell. Among them, the prices of transportation and communications, education, culture and entertainment, and medical care increased by 1.0%, 0.3%, and 0.1% respectively; the prices of clothing and housing were both unchanged; the prices of other supplies and services, and daily necessities and services decreased by 1.1% and 0.2% respectively.