China Inflation Rate 1986-2014 | Data | Chart | Calendar | Forecast

The inflation rate in China was recorded at 2.0 percent in August 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.

   
 
 

China Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.30 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. Content for - China Inflation Rate - was last refreshed on Friday, September 19, 2014.


China Inflation Rate Eases in August


China annual inflation rate eased to 2.0 percent in August of 2014, down from 2.3 percent in the previous month and below market forecasts. The politically sensitive food prices increased 3.0 percent year-on-year, lower than a 3.6 percent rise in July while non-food prices grew 1.5 percent, softening from a 1.7 percent increase a month ago.

Among food prices, the highest increases came from fresh fruit (+21.2 percent in August of 2014 from +20.1 percent in July) and egg (+18.7 percent from +19.5 percent). Prices were lower for pork (- 3.1 percent from -3.6 percent) and fresh vegetables (-6.9 percent from -1.6 percent ).

For non-food categories, prices were stable for clothing (+2.6 percent from 2.6 percent), household equipment (+1.1 percent from +1.1 percent) and health care (+1.4 percent from +1.4 percent). Lower cost were recorded for transport and communication (+0.2 percent from +0.7 percent), entertainment and culture (+1.9 percent from +2.1 percent) and housing (+1.9 percent from 2.0 percent).

For 2014, the government has set inflation target at around 3.5 percent. 

Month-over-month, consumer prices accelerated to 0.2 percent compared to a 0.1 percent increase in the preceding month.

Producer prices in August of 2014 fell 1.2 annually, worsening from 0.9 percent drop in July.

National Bureau of Statistics China l Rida l rida@tradingeconomics.com
9/11/2014 5:07:05 AM


Recent Releases

China Inflation Rate Remains Stable in July
China annual inflation rate rose 2.3 percent in July, the same as in the previous month. The politically sensitive food prices eased to 3.6 percent, from 3.7 percent in June, while non-food prices grew 1.6 percent after gaining 1.7 percent a month ago. Published on 2014-08-09

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. Published on 2014-07-09


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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% 2.3% 2.3% 2.2%
2014-09-11 02:30 AM China
Inflation Rate YoY
Aug 2014 2.0% 2.3% 2.2% 2.2%
2014-10-15 02:30 AM China
Inflation Rate YoY
Sep 2014 2.0% 2.14%


Prices Last Previous Highest Lowest Unit
Inflation Rate 2.00 2.30 28.40 -2.20 Percent [+]
Inflation Rate Mom 0.20 0.10 2.60 -1.80 Percent [+]
Consumer Price Index CPI 102.00 102.30 128.40 97.80 Index Points [+]
Core Inflation Rate 1.60 1.70 2.50 -1.60 Percent [+]
Core Consumer Prices 101.60 101.70 102.50 98.40 Index Points [+]
GDP Deflator 588.21 576.71 588.21 100.00 Index Points [+]
Producer Prices 98.80 99.13 113.47 91.80 Index Points [+]
Producer Prices Change -1.20 -0.90 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 3.00 3.60 40.20 -5.50 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 3.00 Jun/14 2.90 23.90 -1.30 Percent [+]
Brazil 6.51 Aug/14 6.50 6821.31 1.65 Percent [+]
Canada 2.10 Jul/14 2.40 21.60 -17.80 Percent [+]
China 2.00 Aug/14 2.30 28.40 -2.20 Percent [+]
Euro Area 0.40 Aug/14 0.40 5.00 -0.70 Percent [+]
France 0.40 Aug/14 0.50 18.80 -0.70 Percent [+]
Germany 0.80 Aug/14 0.85 11.54 -7.62 Percent [+]
India 7.80 Aug/14 7.96 11.16 7.31 Percent [+]
Indonesia 3.99 Aug/14 4.53 82.40 -1.17 Percent [+]
Italy -0.10 Aug/14 0.09 25.64 -2.44 Percent [+]
Japan 3.40 Jul/14 3.60 25.00 -2.52 Percent [+]
Mexico 4.15 Aug/14 4.07 179.73 2.91 Percent [+]
Netherlands 1.00 Aug/14 0.89 11.19 -1.30 Percent [+]
Russia 7.60 Aug/14 7.50 2333.30 3.60 Percent [+]
South Korea 1.40 Aug/14 1.60 32.50 0.20 Percent [+]
Spain -0.50 Aug/14 -0.34 28.43 -1.37 Percent [+]
Switzerland 0.10 Aug/14 0.00 11.92 -1.37 Percent [+]
Turkey 9.54 Aug/14 9.32 138.71 -4.01 Percent [+]
United Kingdom 1.50 Aug/14 1.60 8.50 0.50 Percent [+]
United States 1.70 Aug/14 2.00 23.70 -15.80 Percent [+]





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