China's economic indicators in April 2026 revealed a mixed picture, with stable growth in some sectors and challenges in others. The Commodity Price Index rose by 1.7% month-on-month, driven by increased prices in chemicals and energy products, while the Producer Price Index (PPI) surged by 2.8% year-on-year, reflecting inflationary pressures in the industrial sector. Meanwhile, the Consumer Price Index (CPI) showed a modest increase of 1.2%, with food prices declining by 1.6%. Retail sales grew by only 0.2% year-on-year, marking the lowest growth rate in over three years, highlighting ongoing challenges in reviving consumer confidenceCCTV+2.
China's Commodity Price Index climbed to 132.1 points in April, marking a 1.7% increase from March and a 20.2% rise year-on-year. Prices for 38 out of 50 monitored commodities increased, with chemicals like para-xylene, methanol, and polypropylene leading the gains. Energy prices, however, saw a slight decline due to effective government policies and global market dynamics. Experts attribute the market's resilience to China's robust industrial system and improved supply-demand dynamicsCCTV+2.
The Producer Price Index (PPI) surged by 2.8% year-on-year, driven by rising prices in mining and raw materials sectors. The Purchasing Price Index for industrial producers also increased by 3.5%, reflecting global commodity price fluctuations and domestic demand. Key sectors like fiber optics, storage devices, and non-ferrous metals experienced significant price hikes, influenced by international factors such as rising oil pricesCCTV+2.
China's Consumer Price Index (CPI) rose by 1.2% year-on-year, with non-food prices increasing by 1.8% and service prices by 0.9%. Food prices fell by 1.6%, led by a 15.2% decline in pork prices. Gold jewelry prices grew by 46.9%, contributing 0.2 percentage points to inflation, while gasoline prices rose by 19.3%. The data indicates a mild recovery in consumer prices amid stabilizing commodity marketsCCTV+2.
China's express delivery sector showed steady growth in April, with the Express Development Index increasing by 0.3% year-on-year to 444.4 points. Express companies focused on agricultural product delivery, leveraging technologies like drones and unmanned vehicles to improve efficiency. The industry also expanded convenience services at airports, train stations, hotels, and tourist spots, enhancing travel experiences. From January to April, express delivery volume reached 64.57 billion pieces, a 5.1% increase year-on-year, driven by holiday-related online consumptionChinaNews+2.