Guangdong CPI Rises 0.9% Year-on-Year in July 2026

Deep News
Aug 16

Data from the National Bureau of Statistics' Guangdong Survey Office released on Wednesday shows that in July 2026, Guangdong's Consumer Price Index (CPI) increased by 0.9% year-on-year and 0.2% month-on-month.

For the first seven months of the year, the average Guangdong CPI was 0.8% higher compared to the same period last year.

On an annual basis, July's CPI growth of 0.9% was 0.3 percentage points lower than the previous month. Within this, food prices fell by 0.5%, while non-food prices rose by 1.2%. Consumer goods prices increased by 0.8%, and service prices rose by 1.0%.

Looking at the eight major categories, prices showed a pattern of "six increases, one flat, and one decrease" year-on-year. Healthcare costs surged 6.1%, other goods and services rose 4.0%, education, culture, and entertainment increased 2.0%, clothing was up 1.9%, household goods and services rose 1.2%, and transportation and communication costs climbed 1.1%. Prices for food, tobacco, alcohol, and dining out remained unchanged, while housing costs fell 0.3%.

On a monthly basis, July's CPI reversed a 0.2% decline in June to a 0.2% increase. Food prices edged down 0.1%, while non-food prices grew 0.3%. Consumer goods prices slipped 0.6%, but service prices advanced 0.9%.

Among the eight major categories, the month-on-month change was "three increases, one flat, and four decreases." Healthcare costs jumped 4.2%, education, culture, and entertainment increased 1.8%, and household goods and services rose 0.5%. Housing costs remained stable. Transportation and communication fell 1.7%, clothing dropped 0.5%, other goods and services declined 0.3%, and food, tobacco, alcohol, and dining out prices decreased 0.1%.

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