China Inflation Rate  1986-2017 | Data | Chart | Calendar | Forecast

Consumer prices in China rose 2.1 percent year-on-year in December of 2016, compared to a 2.3 percent rise in November while markets expected a 2.3 percent gain. The politically sensitive food prices increased by 2.4 percent while non-food cost rose at a slower 2.0 percent. Cost of consumer goods gained 1.8 percent and those of services advanced 2.5 percent. For the whole year of 2016, inflation was 2 percent, below government target at around 3 percent. On a monthly basis, consumer prices rose 0.2 percent, following a 0.1 percent rise in a month earlier. It was the second straight month of increase but below market consensus of a 0.3 percent gain. Inflation Rate in China averaged 5.41 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.

China Inflation Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-09 01:30 AM Oct 2.1% 1.9% 2.1% 2%
2016-12-09 01:30 AM Nov 2.3% 2.1% 2.2% 2.1%
2017-01-10 01:30 AM Dec 2.1% 2.3% 2.3% 2.4%
2017-02-14 01:30 AM Jan 2.1% 2.50%
2017-03-09 01:30 AM Feb 2.57%
2017-04-12 01:30 AM Mar 2.63%




China Inflation Rate Eases to 2.1% in December


Consumer prices in China rose 2.1 percent year-on-year in December of 2016, compared to a 2.3 percent rise in November while markets expected a 2.3 percent gain. The politically sensitive food prices increased by 2.4 percent while non-food cost rose at a slower 2.0 percent. Cost of consumer goods gained 1.8 percent and those of services advanced 2.5 percent.

Among food, prices rose at a slower pace for fresh vegetables +2.6 percent from +15.8 percent in November). Cost went up more than in a month earlier for pork (+6.2 percent from +5.6 percent) and fresh fruits (+3.2 percent from +2.8 percent). In contrast, cost fell for: eggs (-4.5 percent from -2.2 percent), milk (-0.2 percent from -0.2 percent) and tobaco (-0.2 percent from -0.1 percent).

For non-food categories, cost increased at a slower pace for: clothing (+1.1 percent from +1.4 percent) and other goods and services (+4.0 percent from +4.2 percent). Prices rose at a faster pace for: rent, fuel & utilities (+2.1 percent from +2.0 percent), household goods and services (+0.4 percent from +0.3 percent), transport & communication (+0.9 percent from a flat reading); education, culture & recreation (+2.3 percent from +2.2 percent) and healthcare (+4.6 percent from +4.4 percent).

For the whole year of 2016, inflation was 2 percent, below government target at around 3 percent. 

On a monthly basis, consumer prices rose 0.2 percent, following a 0.1 percent rise in a month earlier. It was the second straight month of increase but below market consensus of a 0.3 percent gain.

The producer prices index rose 5.5 percent year-on-year in December, following a 3.3 percent rise in the preceding month and beating market consensus of a 4.5 percent gain. It was the fourth straight month of increase and the fastest since September 2011.

Statistics China l Rida Husna | rida@tradingeconomics.com
1/10/2017 11:51:20 AM



China Prices Last Previous Highest Lowest Unit
Inflation Rate 2.10 2.30 28.40 -2.20 percent [+]
Inflation Rate Mom 0.20 0.10 2.60 -1.80 percent [+]
Consumer Price Index CPI 102.10 102.30 128.40 97.80 Index Points [+]
Core Consumer Prices 101.90 101.90 102.50 98.40 Index Points [+]
Core Inflation Rate 1.90 1.90 2.50 -1.60 percent [+]
GDP Deflator 622.50 625.00 625.00 100.78 Index Points [+]
Producer Prices 105.50 103.30 113.47 91.80 Index Points [+]
Producer Prices Change 5.50 3.30 13.47 -8.20 percent [+]
Export Prices 97.89 98.66 111.90 90.70 Index Points [+]
Import Prices 104.01 101.00 122.70 79.60 Index Points [+]
Food Inflation 2.40 4.00 40.20 -5.50 percent [+]



China Inflation Rate Notes

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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.30 28.40 -2.20 1986 - 2016 percent Monthly



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Denmark 0.50 Dec/16
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East Timor 0.00 Dec/16
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Honduras 3.04 Nov/16
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India 3.41 Dec/16
Indonesia 3.02 Dec/16
Iran 9.10 Nov/16
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Ireland 0.00 Dec/16
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Jamaica 1.70 Dec/16
Japan 0.50 Nov/16
Jordan 0.80 Dec/16
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Kosovo 1.30 Dec/16
Kuwait 3.40 Nov/16
Kyrgyzstan -0.50 Dec/16
Laos 2.09 Nov/16
Latvia 2.20 Dec/16
Lebanon 1.78 Nov/16
Lesotho 5.70 Nov/16
Liberia 8.50 Sep/16
Libya 27.40 Jun/16
Liechtenstein 0.00 Dec/16
Lithuania 1.70 Dec/16
Luxembourg 1.10 Dec/16
Macau 1.44 Dec/16
Macedonia -0.20 Dec/16
Madagascar 6.60 Nov/16
Malawi 20.00 Dec/16
Malaysia 1.80 Dec/16
Maldives 1.20 Oct/16
Mali -0.70 Nov/16
Malta 1.00 Dec/16
Mauritania 2.70 Nov/16
Mauritius 2.30 Dec/16
Mexico 3.36 Dec/16
Moldova 2.40 Dec/16
Mongolia 1.10 Dec/16
Montenegro 0.90 Dec/16
Morocco 1.80 Dec/16
Mozambique 25.27 Dec/16
Myanmar 10.89 Apr/16
Namibia 7.30 Dec/16
Nepal 4.80 Nov/16
Netherlands 1.00 Dec/16
New Caledonia -0.10 Nov/16
New Zealand 0.40 Sep/16
Nicaragua 3.10 Dec/16
Niger -1.90 Nov/16
Nigeria 18.55 Dec/16
North Korea 55.00 Jul/13
Norway 3.50 Dec/16
Oman 1.13 Dec/16
Pakistan 3.70 Dec/16
Palestine -1.05 Dec/16
Panama 1.50 Dec/16
Papua New Guinea 6.80 Jun/16
Paraguay 3.90 Dec/16
Peru 3.23 Dec/16
Philippines 2.60 Dec/16
Poland 0.80 Dec/16
Portugal 0.90 Dec/16
Puerto Rico 0.00 Nov/16
Qatar 1.80 Dec/16
Republic of the Congo 3.70 Apr/15
Romania -0.54 Dec/16
Russia 5.40 Dec/16
Rwanda 11.00 Dec/16
Sao Tome and Principe 6.20 Nov/16
Saudi Arabia 2.30 Nov/16
Senegal 2.10 Dec/16
Serbia 1.60 Dec/16
Seychelles -0.20 Dec/16
Sierra Leone 15.26 Nov/16
Singapore 0.00 Nov/16
Slovakia 0.20 Dec/16
Slovenia 0.50 Dec/16
Somalia -4.00 Dec/14
South Africa 6.80 Dec/16
South Korea 1.30 Dec/16
South Sudan 479.70 Dec/16
Spain 1.60 Dec/16
Sri Lanka 4.10 Dec/16
Sudan 30.47 Dec/16
Suriname 55.50 Nov/16
Swaziland 8.20 Oct/16
Sweden 1.70 Dec/16
Switzerland 0.00 Dec/16
Syria 44.50 May/16
Taiwan 1.70 Dec/16
Tajikistan 6.10 Dec/16
Tanzania 5.00 Dec/16
Thailand 1.13 Dec/16
Togo 0.40 Dec/16
Trinidad and Tobago 2.60 Oct/16
Tunisia 4.20 Dec/16
Turkey 8.53 Dec/16
Turkmenistan 7.00 Dec/15
Uganda 5.70 Dec/16
Ukraine 12.40 Dec/16
United Arab Emirates 1.90 Oct/16
United Kingdom 1.60 Dec/16
United States 2.10 Dec/16
Uruguay 8.10 Dec/16
Uzbekistan 5.70 Dec/16
Venezuela 800.00 Dec/16
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