Logo 15 Oct 2025

Deflationary pressures ease slightly in September

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Try it free

Already a subscriber? Log in.

China’s deflationary pressures eased slightly in September.
Per data released by the stats bureau (NBS) on Wednesday:

Consumer prices (CPI) fell 0.3% y/y in September, after declining 0.4% in August
Producer prices (PPI) fell 2.3% y/y, improving from August’s 2.9% decline

Food prices were the prim...



More recent developments

Logo October 15, 2025
Premier Li Qiang frets about domestic demand, offers no new ideas

Premier Li Qiang is worried about weak domestic demand. On Tuesday, Li met with a group of academics and businesspeople to solicit their thoughts on the state of the economy and share some of his own reflections in turn. Li… Read More »

Logo October 15, 2025
Port fees, shipbuilder sanctions highlight shipping as red line in Beijing

There's no question that shipping has emerged as a new front line in Sino-US geostrategic competition. On Tuesday, steep new port fees took effect in both countries: The US fees on Chinese-owned, -flagged, and -built ships were announced back in… Read More »

Logo October 14, 2025
Local governments rein in illicit fees and fines

Local governments are reducing exploitative fees and fines. Some context: In 2024, to offset slumping tax receipts, local governments ramped up collection of non-tax revenues from corporates – including fees, fines, and confiscations, which together jumped ~14.7% y/y – undermining… Read More »