China Inflation Rate

The inflation rate in China was recorded at 2.30 percent in June of 2014. Inflation Rate in China averaged 5.72 Percent from 1986 until 2014, reaching an all time high of 28.40 Percent in February of 1989 and a record low of -2.20 Percent in April of 1999. Inflation Rate in China is reported by the National Bureau of Statistics of China.

   
 
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China Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.50 28.40 -2.20 1986 - 2014 Percent Monthly
In China, the most important components of the CPI basket are Food (31.8 percent of total weight) and Residence (17.2 percent). Recreation, Education and Culture Articles account for 13.8 percent; Transportation and Communication for 10 percent, Healthcare and Personal Articles for 9.6 percent, Clothing for 8.5 percent; Households Facilities, Articles and Services for 5.6 percent; Tobacco, Liquor and Articles for the remaining 3.5 percent. The CPI basket is reviewed every five years on the basis of household surveys. Revisions reflect new spending patterns and economic development, according to the National Bureau of Statistics. Last revision took place in 2011. This page provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.


China Inflation Rate Slows in June


Chinese annual inflation rate eased to 2.3 percent in June, down from 2.5 percent in May. The politically sensitive food prices increased 3.7 percent, lower than a 4.1 percent rise in the previous month, while non-food prices went up 1.7 percent.

Among food prices, the biggest increase was reported for fresh fruit cost (19.8 percent), while cost of pork and fresh vegetables fell 2.7 percent and 1.8 percent, respectively. Prices of clothing increased 2.6 percent; healthcare and personal products rose 1.3 percent and cost of household equipment advanced 1.2 percent. Cost of transport and communication rose 0.6 percent while prices of leisure and cultural goods rose 2.1 percent. For 2014, the government has set inflation around 3.5 percent. 

Month-over-month, consumer prices fell 0.1 percent in June compared to a 0.1 percent increase in the preceding month. Producer prices fell by 1.1 percent year-on-year, compared with a 1.4 percent drop in May.

National Bureau of Statistics | Rida | rida@tradingeconomics.com
7/9/2014 9:40:30 AM


Recent Releases

China Inflation Rate Rises to 2.5% in May
China's consumer prices rose 2.5 percent over a year earlier in May, up from April's 1.8 percent increase. This was the highest figure in the last four months. The politically sensitive food prices increased 4.1 percent from the previous month's 2.3 percent. Published on 2014-06-10

China's Inflation Rate Hits 18-Month Low
China's consumer prices rose 1.8 percent over a year earlier, down from March's 2.4 percent increase. The rise in politically sensitive food prices eased to 2.3 percent from the previous month’s 4.1 percent. Published on 2014-05-09


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-04-11 02:30 AM China
Inflation Rate YoY
Mar 2014 2.4% 2.0% 2.5% 2.25%
2014-05-09 02:30 AM China
Inflation Rate YoY
Apr 2014 1.8% 2.4% 2.1% 2.48%
2014-06-10 02:30 AM China
Inflation Rate YoY
May 2014 2.5% 1.8% 2.4% 2.37%
2014-07-09 02:30 AM China
Inflation Rate YoY
Jun 2014 2.3% 2.5% 2.4% 2.06%
2014-08-09 02:30 AM China
Inflation Rate YoY
Jul 2014 2.3% 2.2%


Prices Last Previous Highest Lowest Unit
Inflation Rate 2.30 2.50 28.40 -2.20 Percent [+]
Inflation Rate Mom -0.10 0.10 2.60 -1.80 Percent [+]
Consumer Price Index (CPI) 102.30 102.50 128.40 97.80 Index Points [+]
Core Inflation Rate 1.70 1.70 2.50 -1.60 Percent [+]
Core Consumer Prices 101.70 101.70 102.50 98.40 Index Points [+]
GDP Deflator 588.21 576.71 588.21 100.00 Index Points [+]
Producer Prices 98.89 98.55 113.47 91.80 Index Points [+]
Producer Prices Change -1.10 -1.40 13.47 -8.20 Percent [+]
Export Prices 98.80 96.70 111.90 90.70 Index Points [+]
Import Prices 101.30 99.40 122.70 79.60 Index Points [+]
Food Inflation 3.70 4.10 40.20 -5.50 Percent [+]





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