According to data released on the 10th by the Guangdong Survey Team of the National Bureau of Statistics, the Consumer Price Index (CPI) in Guangdong for December 2025 remained flat year-on-year, while the month-on-month decline narrowed. The Producer Price Index (PPI) for industrial producers continued its monthly increase, with the year-on-year decline also narrowing.

From a year-on-year perspective, Guangdong's CPI rose by 0.4% in December, maintaining the same growth rate as the previous month. Notably, food prices shifted from a 0.3% increase in the previous month to a flat reading year-on-year. Within the food category, prices for fresh vegetables and seawater fish increased, while prices for pork, other animal meats and by-products, eggs, and milk powder declined.

Prices of industrial consumer goods rose by 0.5% year-on-year. Supported by fluctuations in international precious metal prices and domestic consumer demand, prices for platinum jewelry, gold jewelry, and silver jewelry saw significant increases, rising by 95.3%, 70.3%, and 19.2% respectively.

On a month-on-month basis, the CPI fell by 0.1%, with the rate of decline narrowing by 0.3 percentage points compared to November.

Regarding the PPI, the index increased by 0.1% month-on-month in December, influenced by adjustments in supply and demand, international import factors, domestic policies, and the transmission of upstream raw material price fluctuations. Prices for means of production rose by 0.1%, matching the previous month's increase, while prices for means of livelihood also increased by 0.1%, maintaining the same growth rate.

Among the 38 major industrial categories surveyed for the PPI, the month-on-month index showed "16 increases, 16 decreases, and 6 unchanged," resulting in an industry expansion rate of 42.1%, which was unchanged from the previous month.

Year-on-year, Guangdong's PPI fell by 1.5% in December, with the decline narrowing by 0.1 percentage points from November. Prices for means of production decreased by 2.1%, with the decline narrowing by 0.1 percentage points, while prices for means of livelihood fell by 0.4%, with the decline narrowing by 0.2 percentage points.

For the year-on-year PPI comparison across the 38 categories, the index showed "10 increases, 26 decreases, and 2 unchanged," keeping the industry expansion rate steady at 26.3%, the same as the previous month.