The National Bureau of Statistics (NBS) released CPI (Consumer price Index) and PPI (producer price index) data for August 2020 on September 9. The CPI went up by 2.4% year-on-year, 0.3 percentage points lower than the previous month. Among them, price of food went up by 11.2%, down 2.0 percentage points from the previous month, affecting nearly 2.33 percentage points increase in the CPI. The price of pork was up by 52.6%, 33.1 percentage points lower than that of last month. The price of fresh vegetable rose by 11.7%, an increase of 3.8 percentage points. The prices of beef and mutton rose by 14.4% and 9.7% respectively, the growth rate of both falling. The prices of chicken and duck fell by 1.6% and 0.9% respectively, the first drop in nearly three years. Non-food prices moved from flat last month to an increase of 0.1%, affecting nearly 0.04 percentage points increase of CPI. Among non-food items, the price of health care rose by 1.5%, the prices of transportation and communications fell by 3.9%, with gasoline and diesel prices falling 14.0% and 15.7%, respectively. Core CPI, which excludes food and energy prices, rose by 0.5% year on year, unchanged from the previous month. Between January and August, consumer prices nationwide rose by 3.5% from a year earlier. The producer price index fell by 2.0%, and the decrease narrowed by 0.4 percentage points from the previous month. Among them, the price of means of production fell by 3.0%, narrowing the decline by 0.5 percentage points. The price of living materials rose by 0.6%, with the increase rate falling by 0.1 percentage points.