On August 22, the National Bureau of Statistics Qinghai Survey Team announced that Qinghai's livelihood economy operated generally steadily from January to July. Consumer prices (CPI) declined year-over-year, producer prices (PPI) saw narrowing declines, and the urban surveyed unemployment rate faced periodic pressure.

From January to July, Qinghai's consumer prices fell 0.1% compared to the same period last year, matching the national average. In July, Qinghai's consumer prices dropped 0.2% year-over-year and rose 0.3% month-over-month.

By category, prices for the eight major categories of goods and services tracked by CPI showed "six increases and two decreases" in July. Specifically, prices for other goods and services rose 8.4%, education, culture and entertainment increased 3.0%, household goods and services gained 0.9%, clothing rose 0.7%, healthcare increased 0.3%, and housing prices edged up 0.2%. Meanwhile, transportation and communication prices fell 2.9%, and food, tobacco and alcohol prices declined 1.8%.

From January to July, Qinghai's producer prices for industrial goods fell 2.9% year-over-year, while industrial producer purchase prices dropped 1.6%.

In July, Qinghai's producer price index (PPI) declined 0.1% month-over-month, with the decline narrowing by 0.2 percentage points from the previous month. Year-over-year, PPI fell 3.5%, with the decline narrowing by 0.7 percentage points from the previous month.

Industrial producer purchase prices dropped 1.5% month-over-month, with the decline widening by 0.4 percentage points from the previous month. Year-over-year, these prices fell 4.4%, with the decline narrowing by 0.2 percentage points from the previous month.

From January to July, the province's average urban surveyed unemployment rate stood at 5.4%, unchanged from the same period last year but 0.2 percentage points higher than the national average.

In July, Qinghai's urban surveyed unemployment rate rose 0.3 percentage points both year-over-year and month-over-month. The unemployment rate for the main working-age population aged 25-59 was 4.0%, up 0.1 percentage points month-over-month and 0.2 percentage points year-over-year.

Driven by seasonal factors such as college graduates entering the labor market en masse, the province's urban surveyed unemployment rate increased both year-over-year and month-over-month, showing significant characteristics of periodic pressure on employment conditions.