Data released by the National Bureau of Statistics Yunnan Survey Team shows that in August, Yunnan's Consumer Price Index (CPI) remained flat month-over-month and decreased 0.4% year-over-year. The core CPI, excluding food and energy prices, rose 0.7% year-over-year, maintaining the same growth rate as the previous month and continuing a moderate upward trend.

On a month-over-month basis, CPI shifted from a 0.5% increase in the previous month to flat performance. Food prices changed from a 0.3% decline in the previous month to a 0.1% increase, contributing approximately 0.01 percentage points to CPI growth. Non-food prices shifted from a 0.6% increase in the previous month to flat performance.

On a year-over-year basis, CPI changed from flat performance in the previous month to a 0.4% decline. Food prices fell 3.7%, with the decline expanding by 2.6 percentage points compared to the previous month, contributing approximately 0.64 percentage points to the CPI decrease. Non-food prices rose 0.3%, with the increase expanding by 0.1 percentage points compared to the previous month, contributing approximately 0.28 percentage points to CPI growth.

According to calculations, within August's -0.4% year-over-year CPI change, the lagged impact of previous year's price changes was approximately -0.8 percentage points, while the new impact of this year's price changes was approximately 0.4 percentage points.

Regarding industrial producer prices, in August, Yunnan's Producer Price Index (PPI) declined 1.7% both month-over-month and year-over-year. The Industrial Producer Purchase Price Index declined 2.0% month-over-month and rose 0.4% year-over-year. According to calculations, within August's -1.7% year-over-year PPI change, the lagged impact of previous year's price changes was approximately 3.8 percentage points, while the new impact of this year's price changes was approximately -5.5 percentage points.