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China Inflation Slightly Below Forecasts
China’s consumer inflation held steady at 1.2% year-on-year in May 2026, unchanged from the previous month but slightly less than market expectations of 1.3%. On a monthly basis, consumer prices fell 0.1%, reversing a 0.3% increase in April. However, the decline was milder than market forecasts of a 0.2% drop.
Published on 2026-06-10

China Inflation Stable in May
China’s annual inflation held steady at 1.2% in May 2026, unchanged from the previous month but slightly below market expectations of 1.3%. Non-food inflation edged higher (1.9% vs 1.8% in April), lifted by an acceleration in transport costs (5.4% vs. 4.6%) amid higher energy prices and supply-chain disruptions linked to the Middle East conflict. Prices also continued to rise for clothing (1.4% vs. 1.5%), healthcare (2.1% vs. 2.2%), and education (1.3% vs. 1.3%). Meanwhile, housing costs remained subdued (-0.2% vs. -0.2%). On the food side, prices fell for the second straight month (-1.7% vs -1.6%), marking the sharpest drop since October, largely due to persistently weak pork prices and continued declines in fresh fruit costs. Core inflation, excluding food and energy, rose 1.1% yoy, after April's 1.2% gain. On a monthly basis, consumer prices edged down 0.1%, reversing a 0.3% increase in April. However, the decline was milder than market forecasts of a 0.2% drop.
Published on 2026-06-10

China Inflation Stable in May
China’s annual inflation held steady at 1.2% in May 2026, unchanged from the previous month but slightly below market expectations of 1.3%. Non-food inflation edged higher (1.9% vs 1.8% in April), lifted by an acceleration in transport costs (5.4% vs. 4.6%) amid higher energy prices and supply-chain disruptions linked to the ongoing Middle East conflict. Prices also continued to rise for clothing (1.4% vs. 1.5%), healthcare (2.1% vs. 2.2%), and education (1.3% vs. 1.3%). Meanwhile, housing costs remained subdued (-0.2% vs. -0.2%). On the food side, prices fell for the second straight month (-1.7% vs -1.6%), marking the sharpest drop since October, largely due to persistently weak pork prices and continued declines in fresh fruit costs. Core inflation, excluding food and energy, rose 1.1% yoy, after April's 1.2% gain. On a monthly basis, consumer prices edged down 0.1%, reversing a 0.3% increase in April. However, the decline was milder than forecasts of a 0.2% drop.
Published on 2026-06-10

China Inflation Stable in May
China’s annual inflation held steady at 1.2% in May 2026, unchanged from the previous month but slightly below market expectations of 1.3%. Non-food inflation edged higher (1.9% vs 1.8% in April), lifted by an acceleration in transport costs (5.4% vs. 4.6%) amid higher energy prices and supply-chain disruptions linked to the Middle East conflict. Prices also continued to rise for clothing (1.4% vs. 1.5%), healthcare (2.1% vs. 2.2%), and education (1.3% vs. 1.3%). Meanwhile, housing costs remained subdued (-0.2% vs. -0.2%). On the food side, prices fell 1.7%, following a 1.6% decline in April and marking the sharpest drop since October, largely due to persistently weak pork prices and continued declines in fresh fruit costs. On a monthly basis, consumer prices fell 0.1%, reversing a 0.3% increase in April. However, the decline was milder than market forecasts of a 0.2% drop.
Published on 2026-06-10

China Inflation Stable in May
China’s annual inflation held steady at 1.2% in May 2026, unchanged from the previous month but slightly below market expectations of 1.3%. On a monthly basis, consumer prices fell 0.1%, reversing a 0.3% increase in April. However, the decline was milder than market forecasts of a 0.2% drop.
Published on 2026-06-10

China Inflation Stable in May
China’s annual inflation held steady at 1.2% in May 2026, unchanged from the previous month but slightly below market expectations of 1.3%. Non-food inflation edged higher (1.9% vs 1.8% in April), lifted by an acceleration in transport costs (5.4% vs. 4.6%) amid higher energy prices and supply-chain disruptions linked to the ongoing Middle East conflict. Prices also continued to rise for clothing (1.4% vs. 1.5%), healthcare (2.1% vs. 2.2%), and education (1.3% vs. 1.3%). Meanwhile, housing costs remained subdued (-0.2% vs. -0.2%). On the food side, prices fell for the second straight month (-1.7% vs -1.6%), marking the sharpest drop since October, largely due to persistently weak pork prices and continued declines in fresh fruit costs. Core inflation, excluding food and energy, rose 1.1% yoy, after April's 1.2% gain. On a monthly basis, consumer prices edged down 0.1%, reversing a 0.3% increase in April. However, the decline was milder than market forecasts of a 0.2% drop.
Published on 2026-06-10

China Inflation Slightly Below Forecasts
China’s consumer inflation held steady at 1.2% year-on-year in May 2026, unchanged from April and slightly below market expectations of 1.3%. On a monthly basis, consumer prices fell 0.1%, reversing a 0.3% increase in the previous month. However, the decline was milder than market forecasts of a 0.2% drop.
Published on 2026-06-10

China Inflation Stable in May
China’s annual inflation held steady at 1.2% in May 2026, unchanged from the previous month but slightly below market expectations of 1.3%. Non-food inflation edged higher (1.9% vs 1.8% in April), lifted by an acceleration in transport costs (5.4% vs. 4.6%) amid higher energy prices and supply-chain disruptions linked to the Middle East conflict. Prices also continued to rise for clothing (1.4% vs. 1.5%), healthcare (2.1% vs. 2.2%), and education (1.3% vs. 1.3%). Meanwhile, housing costs remained subdued (-0.2% vs. -0.2%). On the food side, prices fell for the second straight month (-1.7% vs -1.6%), marking the sharpest drop since October, largely due to persistently weak pork prices and continued declines in fresh fruit costs. On a monthly basis, consumer prices fell 0.1%, reversing a 0.3% increase in April. However, the decline was milder than market forecasts of a 0.2% drop.
Published on 2026-06-10

China April Inflation Rate Beats Forecasts
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in March, surpassing market expectations of 0.8%. Non-food inflation accelerated to 1.8% from 1.2%, with healthcare prices rising at a faster pace (2.2% vs 1.9%), while education costs also increased more quickly (1.3% vs 1.1%). Clothing prices continued to rise, though at a slightly slower pace (1.5% vs 1.6%). Meanwhile, food prices fell (-1.6% vs 0.3% in March), amid declines in fresh vegetables and fruit prices, alongside a steeper drop in pork prices. On a monthly basis, the CPI unexpectedly rose 0.3%, rebounding from a 0.7% decline in March, which was the first drop since November, and contrasting with forecasts for a 0.1% decrease.
Published on 2026-05-11

China Inflation Rate Above Estimates
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in the previous month, exceeding market expectations of 0.8%. Non-food inflation climbed (1.8% vs 1.2% in March), with transport costs picking up strongly (4.6% vs 0.9%), amid higher energy prices and supply chain disruptions linked to the prolonged Middle East conflict. Also, prices continued to rise for clothing (1.5% vs 1.6%), healthcare (2.2% vs 1.9%), and education (1.3% vs 1.1%). In contrast, a decline in housing costs lingered (-0.2% vs -0.2%). On the food side, prices fell 1.6%, reversing a 0.3% increase in March and pointing to the first drop since January, reflecting persistently weak pork prices. Core inflation, excluding food and energy, rose 1.2% yoy, after March's 1.1% gain. On a monthly basis, the CPI increased 0.3%, swinging from a 0.7% fall previously and defying consensus for a 0.1% decline.
Published on 2026-05-11

China April Inflation Rate Beats Forecasts
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in March, surpassing market expectations of 0.8%. On a monthly basis, the CPI unexpectedly rose 0.3%, rebounding from a 0.7% decline in March, which was the first drop since November, and contrasting with forecasts for a 0.1% decrease.
Published on 2026-05-11

China April Inflation Rate Beats Forecasts
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in March, surpassing market expectations of 0.8%. Non-food inflation rose to 1.8% from 1.2%, with transport costs increasing at a much faster pace (4.6% vs 0.9% in March), while healthcare prices rose at a faster rate (2.2% vs 1.9%), and education costs also increased more quickly (1.3% vs 1.1%). Clothing prices continued to rise, though at a slightly slower pace (1.5% vs 1.6%). Meanwhile, food prices fell (-1.6% vs 0.3% in March), driven by declines in fresh vegetable and fruit prices, alongside a steeper drop in pork prices. Housing costs also continued to decline (-0.2% vs -0.2%). Core inflation, excluding food and energy, rose 1.2% yoy, after a 1.1% increase in February. China recently imposed controls on domestic fuel prices to cushion households and businesses against higher oil costs. Monthly, the CPI unexpectedly rose 0.3%, rebounding from a 0.7% decline in March, contrasting with forecasts for a 0.1% fall.
Published on 2026-05-11

China Inflation Rate Above Estimates
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in the previous month, exceeding market expectations of 0.8%. Non-food inflation climbed (1.8% vs 1.2% in March), with transport costs picking up strongly (4.6% vs 0.9%), amid higher energy prices and supply chain disruptions linked to the prolonged Middle East conflict. Also, prices continued to rise for clothing (1.5% vs 1.6%), healthcare (2.2% vs 1.9%), and education (1.3% vs 1.1%). In contrast, a decline in housing costs lingered (-0.2% vs -0.2%). On the food side, prices fell 1.6%, reversing a 0.3% increase in March and pointing to the first drop since January, reflecting persistently weak pork prices and decreases in costs of fresh vegetables and fresh fruits. Core inflation, excluding food and energy, rose 1.2% yoy, after March's 1.1% gain. On a monthly basis, the CPI increased 0.3%, swinging from a 0.7% fall previously and defying consensus for a 0.1% decline.
Published on 2026-05-11

China Inflation Rate Above Estimates
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in the previous month, exceeding market expectations of 0.8%. Non-food inflation climbed (1.8% vs 1.2% in March), with transport costs picking up significantly (4.6% vs 0.9%), amid higher energy prices and supply chain disruptions linked to the prolonged Middle East conflict. Also, prices continued to rise for clothing (1.5% vs 1.6%), healthcare (2.2% vs 1.9%), and education (1.3% vs 1.1%). In contrast, housing costs continued to decline (-0.2% vs -0.2%). On the food side, prices fell 1.6%, reversing a 0.3% increase in March and marking the first drop since January, reflecting persistently weak pork prices and declines in costs of fresh vegetables and fresh fruits. Core inflation, excluding food and energy, rose 1.2% yoy, after March's 1.1% gain. On a monthly basis, the CPI increased 0.3%, swinging from a 0.7% fall previously and defying consensus for a 0.1% decline.
Published on 2026-05-11

China April Inflation Rate Beats Forecasts
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in March, surpassing market expectations of 0.8%. Non-food inflation rose to 1.8% from 1.2%, with transport costs increasing at a much faster pace (4.6% vs 0.9% in March), while healthcare prices rose at a faster rate (2.2% vs 1.9%), and education costs also increased more quickly (1.3% vs 1.1%). Clothing prices continued to rise, though at a slightly slower pace (1.5% vs 1.6%). Meanwhile, food prices fell (-1.6% vs 0.3% in March), driven by declines in fresh vegetable and fruit prices, alongside a steeper drop in pork prices. Housing costs also continued to decline (-0.2% vs -0.2%). On a monthly basis, the CPI unexpectedly rose 0.3%, rebounding from a 0.7% decline in March, which was the first drop since November, and contrasting with forecasts for a 0.1% decrease.
Published on 2026-05-11

China Inflation Rate Above Estimates
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in the previous month, exceeding market expectations of 0.8%. Non-food inflation climbed (1.8% vs 1.2% in March), with transport costs picking up strongly (4.6% vs 0.9%), amid higher energy prices and supply chain disruptions linked to the prolonged Middle East conflict. Also, prices continued to rise for clothing (1.5% vs 1.6%), healthcare (2.2% vs 1.9%), and education (1.3% vs 1.1%). In contrast, a decline in housing costs lingered (-0.2% vs -0.2%). On the food side, prices fell 1.6%, reversing a 0.3% increase in March and pointing to the first drop since January, mainly reflecting persistently weak pork prices. Core inflation, excluding food and energy, rose 1.2% yoy, after March's 1.1% gain. On a monthly basis, the CPI increased 0.3%, swinging from a 0.7% fall previously and defying consensus for a 0.1% decline.
Published on 2026-05-11

China Inflation Rate Above Estimates
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in the previous month, exceeding market expectations of 0.8%. Non-food inflation climbed (1.8% vs 1.2% in March), with transport costs picking up significantly (4.6% vs 0.9%), amid higher energy prices and supply chain disruptions linked to the prolonged Middle East conflict. Also, prices continued to rise for clothing (1.5% vs 1.6%), healthcare (2.2% vs 1.9%), and education (1.3% vs 1.1%). In contrast, a decline in housing costs lingered (-0.2% vs -0.2%). On the food side, prices fell 1.6%, reversing a 0.3% increase in March and marking the first drop since January, reflecting persistently weak pork prices and declines in costs of fresh vegetables and fresh fruits. Core inflation, excluding food and energy, rose 1.2% yoy, after March's 1.1% gain. On a monthly basis, the CPI increased 0.3%, swinging from a 0.7% fall previously and defying consensus for a 0.1% decline.
Published on 2026-05-11

China April Inflation Rate Beats Forecasts
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in March, surpassing market expectations of 0.8%. On a monthly basis, the CPI unexpectedly rose 0.3%, rebounding from a 0.7% decline in March, which was the first drop since November, and contrasting with forecasts for a 0.1% decrease.
Published on 2026-05-11

China Inflation Rate Above Estimates
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in the prior month, exceeding market expectations of 0.8%. Non-food inflation Non-food inflation climbed (1.8% vs 1.2% in March), with transport costs picking up (4.6% vs 0.9%), amid higher energy prices and supply chain disruptions linked to the prolonged Middle East conflict. Also, prices continued to rise for clothing (1.5% vs 1.6%), healthcare (2.2% vs 1.9%), and education (1.3% vs 1.1%). In contrast, a decline in housing costs persisted (-0.2% vs -0.2%). On the food side, prices fell 1.6%, reversing a 0.3% rise in March and pointing to the first drop since January, mainly due to persistently weak pork prices. Core inflation, excluding food and energy, rose 1.2% yoy, after a 1.1% gain in March. On a monthly basis, the CPI increased 0.3%, swinging from a 0.7% fall previously and defying consensus for a 0.1% decline.
Published on 2026-05-11

China Inflation Rate Above Estimates
China’s annual inflation accelerated to 1.2% in April 2026 from 1.0% in the previous month, exceeding market expectations of 0.8%. Non-food inflation climbed to 1.8% (vs 1.2% in March), with transport costs picking up significantly (4.6% vs 0.9%), amid higher energy prices and supply chain disruptions linked to the prolonged Middle East conflict. Also, prices continued to rise for clothing (1.5% vs 1.6%), healthcare (2.2% vs 1.9%), and education (1.3% vs 1.1%). In contrast, a decline in housing costs lingered (-0.2% vs -0.2%). On the food side, prices fell 1.6%, reversing a 0.3% increase in March and marking the first drop since January, reflecting persistently weak pork prices and declines in costs of fresh vegetables and fresh fruits. Core inflation, excluding food and energy, rose 1.2% yoy, after March's 1.1% gain. On a monthly basis, the CPI increased 0.3%, swinging from a 0.7% fall previously and defying consensus for a 0.1% decline.
Published on 2026-05-11