Sichuan September Inflation Data Released: Pork Prices Edge Up Month-on-Month

Deep News10-15

Sichuan's consumer price index (CPI) rose 0.2% in September on a month-on-month basis, with the gain narrowing by 0.2 percentage points from the previous month, while the index climbed 1.1% year-on-year, expanding by 0.2 percentage points from a month earlier, according to data released on October 15 by the Sichuan Survey Team of the National Bureau of Statistics.

Sichuan September CPI Changes

Among food prices, fresh vegetables, fresh fruit, eggs and pork all posted slight month-on-month increases. Due to the summer-to-autumn crop rotation, some varieties saw a temporary tightening of supply, pushing fresh vegetable prices up 0.2% month-on-month, while holiday effects and other factors drove fresh fruit prices up 0.3%. Affected by a temporary mismatch between supply and demand, egg prices rose 1.7% month-on-month.

In addition, the start of the school term in September, combined with stockpiling demand ahead of the Mid-Autumn Festival and National Day holidays, improved the supply-demand situation for live hogs, lifting pork prices 3.5% month-on-month. Pork prices nevertheless remain at a relatively low level, falling 5.7% year-on-year compared with the same period last year.

On a month-on-month basis, transportation and communication prices rose 1.0%, food, tobacco, alcohol and dining-out prices rose 0.5%, and clothing prices rose 0.4%. Housing prices fell 0.1%, household goods and services prices fell 0.2%, education, culture and recreation prices fell 0.5%, and other goods and services prices fell 0.6%. Healthcare prices were flat.

Sichuan Producer Prices

Turning to the producer price index (PPI), Sichuan's PPI rose 3.1% year-on-year in September, with the gain retreating 0.1 percentage points from the previous month, while on a month-on-month basis it rose 0.4%, shifting from a decline to an increase compared with the prior month.

Key September 2026 Consumer Price Data for Sichuan

A relevant official from the Production Price Survey Division of the Sichuan Survey Team of the National Bureau of Statistics said that tightening global crude oil supply and volatile upward movement in international oil prices, combined with the transmission of domestic gasoline and diesel price adjustment policies and a temporary pickup in demand before the Mid-Autumn Festival and National Day holidays, drove up prices in refined petroleum product manufacturing. In September, prices for refined petroleum product manufacturing rose 7.8% month-on-month and 19.8% year-on-year. Gasoline prices rose 7.5% month-on-month and 20.1% year-on-year, while diesel prices rose 9.1% month-on-month and 20.6% year-on-year.

In addition, affected by the rapid release of demand in the new energy sector and supply constraints on some varieties, prices in the non-ferrous metal smelting and rolling processing industry rose 1.3% month-on-month and 19.8% year-on-year in September. Copper smelting prices rose 2.3% month-on-month and 37.7% year-on-year, aluminum smelting prices rose 1.0% month-on-month and 13.9% year-on-year, and non-ferrous metal rolling processing prices rose 1.7% month-on-month and 17.6% year-on-year.

The development of artificial intelligence has had a prominent driving effect on the computer, communication and other electronic equipment manufacturing industry. Recently, the peak season for stockpiling ahead of electronic information product production has arrived, with demand released for terminal equipment upgrades and growing demand for AI computing power-related products. In September, prices in the computer, communication and other electronic equipment manufacturing industry rose 1.0% month-on-month and 12.4% year-on-year.

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