China’s prices moved out of a prolonged low-inflation pattern in the first half of 2026, with CPI edging up moderately and producer prices (PPI) returning to positive year-on-year growth, signaling a clearer improvement in the supply-demand cycle, according to 36Kr. Experts said overall prices are likely to remain in a moderate range in the second half of the year. They added that the “PPI–CPI” gap has widened further, and called for coordinated fiscal policy, monetary policy and supply保障 and price-stabilization measures to improve price transmission along industrial chains, repair market expectations and support a positive economic cycle.