China's consumer prices are expected to see a mild rebound in the second half of 2025, underpinned by stable economic momentum and growing domestic demand, according to the National Bureau of Statistics.
At a State Council press conference on Tuesday, NBS deputy head SHENG Laiyun said the outlook is supported by continued policy stimulus to boost consumption, efforts to rein in disorderly price competition, and holiday-related demand lifting service prices.
Sheng added that fading carryover effects—statistical base factors that had previously dragged down inflation—will ease pressure on both the consumer price index (CPI) and producer price index (PPI) in the coming months.
With policy support and an improving market environment, prices are expected to maintain a steady, moderate upward trend, he said.
