China Inflation Rate  1986-2016 | Data | Chart | Calendar | Forecast

Consumer prices in China rose 2.0 percent year-on-year in May of 2016, slowing from a 2.3 percent rise in the previous three months and below market consensus. The politically sensitive food prices increased by 5.9 percent while non-food cost rose at a slower 1.1 percent. Cost of consumer goods gained 2.0 percent and those of services advanced 2.1 percent. On a monthly basis, consumer prices dropped by 0.5 percent, as compared to a 0.2 percent decline in the preceding month and market estimates of a 0.2 percent fall. Inflation Rate in China averaged 5.48 percent from 1986 until 2016, 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.

China Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.30 28.40 -2.20 1986 - 2016 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 - actual data, historical chart and calendar of releases - was last updated on June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-04-11 01:30 AM Mar 2.3% 2.3% 2.5% 2.2%
2016-05-10 01:30 AM Apr 2.3% 2.3% 2.4% 2.2%
2016-06-09 01:30 AM May 2.0% 2.3% 2.3% 2.3%
2016-07-10 01:30 AM Jun 2.0% 2.2%
2016-08-09 01:30 AM Jul 2.1%
2016-09-09 01:30 AM Aug 2.2%

China Inflation Rate at 4-Month Low in May


Consumer prices in China rose 2.0 percent year-on-year in May of 2016, slowing from a 2.3 percent rise in the previous three months and below market consensus. The politically sensitive food prices increased by 5.9 percent while non-food cost rose at a slower 1.1 percent. Cost of consumer goods gained 2.0 percent and those of services advanced 2.1 percent.

Among food, prices rose at a slower pace for: fresh vegetables (+6.4 percent from +22.6 percent in April), tobacco (+3.0 percent from +6.4 percent) and liquid milk (+0.2 percent from 0.3 percent).  Prices of pork increased by 33.6 percent, compared to a 33.5 percent rise in April. In contrast, cost fell for: egg (-0.2 percent from -1.6 percent) and fresh fruits (-7.6 percent from -7.9 percent). 

For non-food categories, upward prices pressure came from: clothing (+1.5 percent from +1.5 percent); rent, fuel & utilities (+1.6 percent from +1.4 percent), household equipment supplies and services (+0.6 percent from +0.5 percent); education, culture and entertainment (+1.2 percent from +1.2 percent),  healthcare (+3.5 percent from +3.2 percent) and other goods and services (+2.2 percent from +1.7 percent). In contrast, downward prices pressures came from transport and communications (-2.6 percent from -2.4 percent).

On a monthly basis, consumer prices dropped by 0.5 percent, as compared to a 0.2 percent decline in the preceding month and market estimates of a 0.2 percent fall.

The producer prices index dropped by 2.8 percent year-on-year in May, lower than  a 3.4 percent decline in the previous month and market expectations of a 3.3 percent fall. It was the smallest decrease since November 2014. The index has been in a negative territory since March 2012.

Statistics China l Rida Husna | rida@tradingeconomics.com
6/9/2016 4:24:11 AM

China Prices Last Previous Highest Lowest Unit
Inflation Rate 2.00 2.30 28.40 -2.20 percent [+]
Inflation Rate Mom -0.50 -0.20 2.60 -1.80 percent [+]
Consumer Price Index CPI 102.00 102.30 128.40 97.80 Index Points [+]
Core Consumer Prices 101.60 101.50 102.50 98.40 Index Points [+]
Core Inflation Rate 1.60 1.50 2.50 -1.60 percent [+]
GDP Deflator 614.51 617.18 617.18 100.00 Index Points [+]
Producer Prices 97.20 96.60 113.47 91.80 Index Points [+]
Producer Prices Change -2.80 -3.40 13.47 -8.20 percent [+]
Export Prices 96.70 97.38 111.90 90.70 Index Points [+]
Import Prices 95.20 96.09 122.70 79.60 Index Points [+]
Food Inflation 7.40 7.60 40.20 -5.50 percent [+]




Last
Afghanistan 5.00 May/16
Albania 0.70 May/16
Algeria 6.08 May/16
Angola 29.23 May/16
Argentina 40.50 Apr/16
Armenia -2.10 May/16
Aruba -1.60 Apr/16
Australia 1.30 Mar/16
Austria 0.60 May/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.70 May/16
Bangladesh 5.45 May/16
Barbados -1.40 Feb/16
Belarus 12.40 May/16
Belgium 2.20 May/16
Belize 0.10 Apr/16
Benin -0.10 May/16
Bhutan 3.03 Mar/16
Bolivia 5.02 May/16
Bosnia and Herzegovina -1.60 May/16
Botswana 2.80 May/16
Brazil 9.32 May/16
Brunei -1.00 Apr/16
Bulgaria -2.00 May/16
Burkina Faso 2.00 May/16
Burundi 2.70 May/16
Cambodia 2.03 Mar/16
Cameroon 1.47 Dec/15
Canada 1.50 May/16
Cape Verde -1.00 May/16
Cayman Islands -2.80 Mar/16
Central African Republic 25.58 Jun/14
Chad 0.60 Apr/16
Chile 4.20 May/16
China 2.00 May/16
Colombia 8.20 May/16
Comoros 1.40 Dec/14
Congo 2.16 Apr/16
Costa Rica 0.43 May/16
Croatia -1.80 May/16
Cuba 4.40 Dec/15
Cyprus -2.13 May/16
Czech Republic 0.10 May/16
Denmark 0.10 May/16
Djibouti 2.60 Mar/15
Dominican Republic 1.71 May/16
East Timor -1.70 May/16
Ecuador 1.63 May/16
Egypt 12.30 May/16
El Salvador 0.73 May/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.90 May/16
Ethiopia 7.90 May/16
Euro Area -0.10 May/16
European Union -0.10 May/16
Fiji 5.20 May/16
Finland 0.30 May/16
France 0.00 May/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 2.10 May/16
Germany 0.10 May/16
Ghana 18.90 May/16
Greece -0.90 May/16
Guatemala 4.27 May/16
Guinea 7.70 Mar/16
Guinea Bissau 2.20 Apr/16
Guyana 0.30 Mar/16
Haiti 15.10 May/16
Honduras 2.36 May/16
Hong Kong 2.60 May/16
Hungary -0.20 May/16
Iceland 1.70 May/16
India 5.76 May/16
Indonesia 3.33 May/16
Iran 7.40 Apr/16
Iraq 2.50 May/16
Ireland 0.00 May/16
Israel -0.80 May/16
Italy -0.30 May/16
Ivory Coast 2.30 May/16
Jamaica 2.10 May/16
Japan -0.30 Apr/16
Jordan -1.60 May/16
Kazakhstan 16.70 May/16
Kenya 5.00 May/16
Kosovo -0.10 May/16
Kuwait 2.85 Apr/16
Kyrgyzstan 0.30 May/16
Laos 0.96 Apr/16
Latvia -0.80 May/16
Lebanon -2.45 May/16
Lesotho 7.80 Apr/16
Liberia 7.10 Mar/16
Libya 10.10 Nov/15
Liechtenstein -0.40 May/16
Lithuania 0.50 May/16
Luxembourg -0.03 May/16
Macau 2.64 May/16
Macedonia -0.70 May/16
Madagascar 6.20 Apr/16
Malawi 21.50 May/16
Malaysia 2.00 May/16
Maldives 0.60 Apr/16
Mali -0.60 May/16
Malta 1.00 May/16
Mauritania 0.90 Apr/16
Mauritius 0.80 May/16
Mexico 2.60 May/16
Moldova 7.90 May/16
Mongolia 1.80 May/16
Montenegro -1.00 May/16
Morocco 1.90 May/16
Mozambique 18.27 May/16
Myanmar 14.59 Nov/15
Namibia 6.70 May/16
Nepal 10.00 May/16
Netherlands 0.00 May/16
New Caledonia 0.80 May/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 May/16
Niger 2.10 May/16
Nigeria 15.60 May/16
North Korea 55.00 Jul/13
Norway 3.40 May/16
Oman 1.14 May/16
Pakistan 3.17 May/16
Palestine -0.31 May/16
Panama 0.30 May/16
Papua New Guinea 6.40 Dec/15
Paraguay 3.50 May/16
Peru 3.54 May/16
Philippines 1.60 May/16
Poland -0.90 May/16
Portugal 0.30 May/16
Puerto Rico -0.20 Apr/16
Qatar 2.60 May/16
Republic of the Congo 3.70 Apr/15
Romania -3.50 May/16
Russia 7.30 May/16
Rwanda 4.40 May/16
Sao Tome and Principe 6.00 Apr/16
Saudi Arabia 4.10 May/16
Senegal 1.30 Apr/16
Serbia 0.70 May/16
Seychelles -1.20 May/16
Sierra Leone 8.85 Dec/15
Singapore -1.60 May/16
Slovakia -0.80 May/16
Slovenia -0.40 May/16
Somalia -4.00 Dec/14
South Africa 6.10 May/16
South Korea 0.80 May/16
South Sudan 295.00 May/16
Spain -1.00 May/16
Sri Lanka 4.80 May/16
Sudan 13.98 May/16
Suriname 46.10 Apr/16
Swaziland 8.50 Apr/16
Sweden 0.60 May/16
Switzerland -0.40 May/16
Syria 44.70 Nov/15
Taiwan 1.24 May/16
Tajikistan 5.20 May/16
Tanzania 5.20 May/16
Thailand 0.46 May/16
Togo 2.40 May/16
Trinidad and Tobago 3.50 Apr/16
Tunisia 3.60 May/16
Turkey 6.58 May/16
Turkmenistan 7.00 Dec/15
Uganda 5.40 May/16
Ukraine 7.50 May/16
United Arab Emirates 1.63 Apr/16
United Kingdom 0.30 May/16
United States 1.00 May/16
Uruguay 11.00 May/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.40 Jun/16
Yemen 9.49 Nov/14
Zambia 21.30 May/16
Zimbabwe -1.69 May/16