China’s National Bureau of Statistics released the September 2026 consumer price index showing a 0.9% year-over-year rise, matching the 0.9%–1.0% outcome that now holds essentially all market probability. The reading edged up 0.1 percentage point from August amid faster non-food gains of 1.5%, led by transport costs and pre-holiday travel demand, while food prices fell 1.7% and core inflation held at 1.0%. Pre-release forecasts centered near 1.0%, so the slightly softer print aligned traders on the narrow band. Only an unexpected revision to the official figure could reopen other intervals before final resolution.