In China, core consumer prices, which exclude food and energy, rose 1% year-on-year in September 2026, matching August’s increase. Core Inflation Rate in China averaged 1.17 percent from 2008 until 2026, reaching an all time high of 2.50 percent in June of 2011 and a record low of -1.60 percent in August of 2009. source: National Bureau of Statistics of China

Core Inflation Rate in China is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Core Inflation Rate is projected to trend around 1.20 percent in 2027 and 1.10 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 101.10 100.90 points Sep 2026
Core Consumer Prices 101.00 101.00 points Sep 2026
Core Inflation Rate 1.00 1.00 percent Sep 2026
Core Inflation Rate MoM 0.00 0.10 percent Sep 2026
Food Inflation -1.70 -1.40 percent Sep 2026
GDP Deflator 104.20 105.10 points Dec 2025
Inflation Rate YoY 0.90 0.80 percent Sep 2026
Inflation Rate MoM 0.20 0.40 percent Sep 2026
Producer Price Inflation MoM 1.20 0.40 percent Sep 2026
Producer Prices 104.30 103.10 points Sep 2026
PPI YoY 5.00 3.80 percent Sep 2026
Rent Inflation -0.60 -0.60 percent Sep 2026


China Core Inflation Rate
In China, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.
Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 2.50 -1.60 2008 - 2026 percent Monthly
NSA