Survey data from the Yunnan Survey Team of the National Bureau of Statistics shows that in August 2026, Yunnan's Consumer Price Index (CPI) rose 0.4% month-on-month and 1.4% year-on-year. The core CPI, which excludes food and energy prices, increased 1.8% year-on-year, with the growth rate widening by 0.1 percentage points from the previous month.

On a month-on-month basis, the August CPI shifted from a 0.2% decline in the prior month to a 0.4% increase. Among the components, food prices rose 0.1%, unchanged from the previous month. Within the food category, fresh vegetable prices climbed 2.0% due to rainy weather and higher transportation costs. Pork, beef, and mutton prices rose 1.2%, 0.8%, and 0.1%, respectively, with pork prices rising for a second consecutive month, indicating the positive effects of comprehensive production capacity regulation policies for live hogs. Egg and aquatic product prices increased by 0.4% and 0.3%, respectively. Fresh fruit prices fell 2.1% due to the influx of seasonal fruits, poultry meat prices dropped 0.3%, and grain prices remained flat.

Non-food prices turned from a 0.2% decrease in the previous month to a 0.5% increase. Energy prices swung from a 6.9% drop to a 4.5% rise, contributing approximately 0.24 percentage points to the CPI, with gasoline prices up 7.0%. Industrial consumer goods excluding energy saw a 0.1% price increase, contributing about 0.03 percentage points to the CPI. Influenced by rising raw material prices, prices for housing security equipment, mobile phones, tablet computers, data storage devices, and computers rose 3.2%, 1.9%, 1.8%, 0.8%, and 0.6%, respectively. Jewelry prices rose again after five consecutive months of decline, with gold ornaments and other decorations increasing by 4.7% and 2.2%.

Service prices increased 0.2%, contributing about 0.11 percentage points to the CPI. Due to a substantial surge in tourism demand during the summer vacation, prices for airfares, vehicle rentals, travel agencies and other tourism services, and hotel accommodations rose by 8.9%, 6.9%, 4.0%, and 2.5%, respectively.

On a year-on-year basis, the CPI rose 1.4%, with the growth rate expanding by 0.4 percentage points from the previous month. Food prices fell 2.2%, dragging down the CPI by approximately 0.37 percentage points. Pork prices dropped 14.2%, contributing a negative 0.29 percentage points to the CPI, making it the primary factor in the food price decline. Prices for grain, tubers, beans, edible oils, fresh vegetables, fresh fruits, and aquatic products declined between 0.1% and 5.9%. Egg, beef, chicken, and mutton prices rose by 9.5%, 7.4%, 2.2%, and 1.2%, respectively.

Non-food prices increased 2.1%, with the growth rate expanding by 0.5 percentage points from the previous month, contributing approximately 1.73 percentage points to the CPI. Service prices rose 2.1%, contributing about 1.03 percentage points, with medical services, education services, dining out, and household services rising 6.3%, 4.2%, 2.0%, and 1.3%, respectively. Industrial consumer goods prices increased 2.5%, contributing about 0.72 percentage points. Energy prices surged 6.5%, with the growth rate widening by 5.2 percentage points, contributing about 0.35 percentage points. Gasoline prices were up 10.1%. Industrial consumer goods excluding energy rose 1.6%, contributing about 0.37 percentage points, with gold ornaments, recreational durable consumer goods, and communication tools up 30.2%, 10.2%, and 9.1%, respectively.

Additional data from the Yunnan Survey Team reveals that in August 2026, the province's Producer Price Index (PPI) fell 1.1% month-on-month and rose 11.3% year-on-year, with a cumulative increase of 8.3% for the January-August period. The Purchasing Price Index (IPI) for raw materials dropped 1.4% month-on-month and rose 9.4% year-on-year, accumulating a 7.1% gain over the first eight months.

Month-on-month, the PPI decline of 1.1% represented a narrower contraction, with the drop rate decreasing by 1.5 percentage points compared to the previous month. Among the 32 major industrial sectors surveyed, prices increased in 10, remained stable in 5, and decreased in 17. In key industries, the petroleum, coal, and other fuel processing sector rose 4.2%, while the non-ferrous metal smelting and rolling sector increased 2.2%. Conversely, coal mining and washing saw a 0.5% decline, automobile manufacturing fell 0.6%, non-metallic mineral products dropped 1.8%, computer, communication, and other electronic equipment manufacturing decreased 2.1%, ferrous metal smelting and rolling fell 2.2%, and electricity, heat production, and supply declined 11.7%.

Year-on-year, the PPI increased 11.3%, with the growth rate expanding by 0.6 percentage points. Of the 32 sectors, 19 recorded price increases, 2 remained flat, and 11 saw decreases. The computer, communication, and other electronic equipment manufacturing sector led with a 36.5% price surge, though this was a 0.8 percentage point slowdown from the prior month. Non-ferrous metal mining and dressing prices rose 30.9%, accelerating by 0.7 percentage points. The non-ferrous metal smelting and rolling sector climbed 25.5%, expanding by 1.8 percentage points. Chemical raw materials and chemical products manufacturing increased 12.6%, slowing by 0.4 percentage points. Coal mining and washing rose 7.7%, widening by 0.2 percentage points. Ferrous metal smelting and rolling prices flipped from a 2.0% increase to a 0.7% decline. Non-metallic mineral products fell 2.8%, with the decline expanding by 0.8 percentage points. Electricity, heat production, and supply prices dropped 2.1%, with the contraction narrowing by 0.8 percentage points.

Estimates show that within the 11.3% year-on-year PPI change in August, the carryover effect from previous price changes contributed approximately 6.2 percentage points, while new price changes this year contributed about 4.8 percentage points.