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Economic Calendar

China Food Prices Fall for 5th Month

China’s food prices declined 1.4% year-on-year in August 2026, easing from a 1.5% drop in the previous month. While marking the fifth consecutive month of contraction, the latest decline was the mildest in the sequence. Prices fell further for fresh fruit (-0.5% vs -1.1% in July), edible oils (-1.3% vs -1.1%), and dairy products (-1.4% vs -1.5%). Fresh vegetable prices also dropped 2.8%, reversing a 0.3% increase in July. Pork prices, a key component of China’s food basket, continued to decline (-11.8% vs -13.9%), reflecting abundant supply and subdued demand. In contrast, egg prices accelerated (15.0% vs 14.4%).

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