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In October 2025, the national Consumer Price Index (CPI) rose 0.2% year-on-year and 0.2% month-on-month, marking a second consecutive month of mild recovery. This follows six previous months during which CPI had experienced multiple declines, reaching a low of -0.4%. The latest data signals an end to prior deflationary pressures, indicating a phase of stabilization and recovery in price levels, reflecting early signs of rebounding domestic demand and effective supply adjustments. On a category basis, non-food prices increased 0.9% year-on-year, while service prices rose 0.8%, both showing steady growth and serving as primary drivers of overall inflation recovery. Consumer goods prices declined 0.2% year-on-year, suggesting continued downward pressure in the goods sector. Core CPI, excluding food and energy, rose 1.2% year-on-year and 0.2% month-on-month, demonstrating resilient underlying inflation and strengthening support from economic fundamentals. Specific categories saw notable increases: clothing, medical care, education, culture, entertainment, and other goods and services. The "other goods and services" category surged 12.8% year-on-year, indicating strong pent-up demand in certain service areas. Transportation and communications prices remained under pressure, declining 1.5% year-on-year. Although food price data were not released, the sustained strength in non-food and service prices suggests a likely continuation of moderate recovery in future price trends, warranting ongoing monitoring and measured policy response.
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