China’s latest economic data shows an unexpected rise in retail inflation, largely driven by higher food prices and increased demand for services, prompting concern among economists about potential cost‑of‑living pressures for households. The surge was further attributed to rising costs in supply chains and transportation, which have compounded price pressures despite government efforts to stabilise markets. In response, Chinese authorities have reaffirmed commitments to monitor price trends and implement targeted policy measures to support vulnerable consumers while balancing broader economic growth objectives. Analysts say the development underscores ongoing challenges in managing inflation amid changing domestic and global conditions.
