China’s food prices fell 1.7% year-on-year in May 2026, following a 1.6% decline in the previous month. It was the second consecutive monthly decrease and the fastest decrease since last October, reflecting ample food supplies and weak consumer demand. Prices continued to fall for fresh fruit (-2.2% vs. -1.0% in April), edible oils (-1.2% vs. -1.0%), and dairy products (-1.2% vs. -1.2%). Pork prices, a key component of China’s food basket, declined at a faster pace (-16.1% vs. -15.2%), amid abundant supply and subdued consumption. In contrast, egg prices picked up sharply (6.6% vs. 0.5%), while fresh vegetable prices rebounded (1.6% vs. -0.5%), likely reflecting seasonal fluctuations and higher transportation costs. source: National Bureau of Statistics of China
Cost of food in China decreased 1.70 percent in May of 2026 over the same month in the previous year. Food Inflation in China averaged 5.05 percent from 1993 until 2026, reaching an all time high of 40.20 percent in October of 1994 and a record low of -5.90 percent in January of 2024. This page provides - China Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Food Inflation - values, historical data and charts - was last updated on June of 2026.
Cost of food in China decreased 1.70 percent in May of 2026 over the same month in the previous year. Food Inflation in China is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Food Inflation is projected to trend around 1.40 percent in 2027 and 1.20 percent in 2028, according to our econometric models.