China October CPI YoY Released: Inflation Slows to 0.80%

The National Bureau of Statistics of China released the October 2026 Consumer Price Index (CPI) year-on-year data on October 14, 2026.The reported figure for this month was 0.80%, below both the forecast of 0.80% and the previous reading of 0.90%, indicating a continued slowdown in inflation.CPI is a key indicator tracking changes in prices of goods and services related to household consumption, and is commonly used to gauge the level of inflation. Price data plays a crucial role in central bank monetary policy decisions. When inflation data declines, it typically signals potential economic slowdown, which may prompt the central bank to adopt more accommodative policies.As China is Australia’s largest trading partner, developments in the Chinese economy directly impact Australia’s export outlook. Slowing inflation may reflect weaker economic growth momentum, potentially exerting downward pressure on the Australian dollar.This data release is classified as Level 3 (moderately important). The calculation is based on statistical changes in consumer prices for goods and services, with both monthly and yearly figures published. CPI data is released monthly, with the next publication scheduled for December 9, 2026.