China's Consumer Price Index (CPI) rose by 0.6% year-on-year in August, a slight increase from July's 0.5% but below the expected 0.7%. This marks a continuation of subdued inflation amid ongoing economic weakness, compounded by a 1.8% year-on-year decline in the Producer Price Index (PPI), which has now fallen for 23 consecutive months. Vegetable prices surged by 21.8%, influenced by extreme weather conditions, while pork prices increased by 16.1%. Former central bank governor Yi Gang has emphasized the need for measures to combat deflationary pressures affecting the economy. Retail sales growth remains low, with only a 2.7% increase in July, highlighting ongoing challenges in domestic demand. Overall, the data reflects persistent economic struggles as China seeks to reinvigorate consumer spending.